Monday, February 27, 2012

GEO Reports Fourth Quarter and Full Year 2011 Results

MEXICO CITY, Feb. 27, 2012 /PRNewswire/ -- Corporacion GEO S.A.B. de C.V. (BMV: GEOB; GEOB:MM, ADR Level I CUSIP: 21986V204; Latibex: XGEO) GEO, Mexico's leading low-income housing developer, today announced results for the fourth quarter 2011. Accumulated Revenues and EBITDA increased 10.5% and 12.8% respectively, year on year. Luis Orvananos Lascurain, Corporacion GEO's CEO, commented, "The transition phase that took place in the housing industry throughout 2011- including the new housing guide...continued
     

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