CULIACÁN, Sinaloa--(BUSINESS WIRE)--Desarrolladora Homex, S.A.B. de C.V. (“Homex” or the “Company”) announced that the Company has made revisions to its business plan (the “Business Plan” or the “Plan”), which was originally published on the Company’s website on May 6, 2015. The updated plan reflects the terms of agreements with various creditors and additional identified cost saving opportunities. Further details of the revised Business Plan can be found on the Company’s Investor Relations website http://www.homex.com.mx/ri/index.php.
Desarrolladora Homex, S.A.B. de C.V. is a vertically integrated home-development company focused on affordable entry-level and middle-income housing in Mexico.
Desarrolladora Homex, S.A.B. de C.V. quarterly reports and all other written materials may from time to time contain statements about expected future events and financial results that are forward-looking and subject to risks and uncertainties. Forward-looking statements involve inherent risks and uncertainties. We caution investors that a number of important factors can cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors include economic and political conditions and government policies in Mexico or elsewhere, including changes in housing and mortgage policies, inflation rates, exchange rates, regulatory developments, customer demand and competition. For those statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Discussion of factors that may affect future results is contained in our filings with the Securities and Exchange Commission.