Our corporate general manager, Luis Díaz Olivero, sat down with “Semana Económica” magazine and, among other topics, he talked about our financial recovery and the outlook for a more consolidated year 2019.
Financial Recovery: Luis mentioned that the Group was experiencing a favorable cycle that will enable it to improve its Backlog even more, as opportunities have emerged in the financial sectors of both Peru and Chile. “The results of the third quarter are starting to show that the changes that we have been implementing in the company are now paying off, and that, unlike year 2017, which was a rough year, this year we have managed to secure $620 million dollars in Engineering and Construction contracts alone.”
A Promising Future: In order to have a solid strategy, the Graña y Montero Group is now focused on its original business core, with three business lines: Engineering and Construction, Infrastructure, and Real Estate, and operations in Peru, Chile and Colombia.
“The most important message for me is that we’ve never had the vision of becoming the largest company in Latin America, but rather the most reliable in the fields of Engineering and Construction, and Infrastructure. And by reliable I mean being able to meet our clients expectations and generate profit for our shareholders”, pointed out Luis.