Homex Exceeds Its Common Shares Volume, Driven by Strong Fourth Quarter and Full Year 2007 Results
CULIACAN, Sinaloa, Mexico, Feb. 27 /PRNewswire-FirstCall/ -- Desarrolladora Homex, S.A.B. de C.V. ("Homex" or "the Company") [NYSE: HXM, BMV: HOMEX], in response to the Mexican Stock Exchange's (BMV) request, confirms that the common shares volume operated today in the Mexican market was mainly driven by the strong fourth quarter and full year 2007 results, which exceed the Company's annual guidance and analysts consensus.
In that regard Gerardo de Nicolas, Chief Executive Officer of Homex commented, "The market positively reacted to Homex's solid quarterly and full year 2007 results, which demonstrate the Company's execution capabilities and commitment to the homebuilding market in Mexico. These results also prove the growth potential of the Mexican homebuilding industry, where Homex sees a great opportunity and is very well positioned to take advantage of these positive trends and expand its leadership in Mexico.
About Homex
Desarrolladora Homex, S.A.B. de C.V. [NYSE: HXM, BMV: HOMEX] is a leading, vertically integrated home-development company focused on affordable entry- level and middle-income housing in Mexico. It is one of the most geographically diverse homebuilders in the country. Homex has a leading position in the top four markets in Mexico and is the largest homebuilder in Mexico, based on the number of homes sold, revenues and net income. For additional corporate information, please visit the Company's web site at: www.homex.com.mx
CONTACT: Carlos J. Moctezuma, Director, Relaciones con Inversionistas of Web site: http://www.homex.com.mx/
2008-02-27 19:49:51 0300179 PRNEWSWIRE
HOME || Press Release Archive || © Leigh Media Corporation || Terms of Use || Privacy Policy || Publish Your Press Release Here |