* Net rises 91 pct, revs up 2 pct
* Lower financing costs lift profits
MEXICO CITY, April 26 Mexican construction firm
ICA ICA.N posted on Monday posted a 91 percent increase in
first-quarter net profit, helped by lower financing costs and
slightly higher sales.
ICA said it earned up 216 million pesos ($17 million) in
the first three months of the year compared with 113 million
pesos in the year-earlier period.
Revenue rose 2 percent to 7.004 billion pesos compared with
6.853 billion in the same quarter of 2009.
The company said it expects to see revenue grow 15 percent
to 20 percent in 2010 and estimated it will post an EBITDA
margin of 16 percent to 18 percent.
($1 = 12.387 as of end-March)
(Reporting by Michael O'Boyle and Cyntia Barrera Diaz, editing
by Gerald E. McCormick)