Grupo Carso, S.A.B. De C.V. Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2019
February 19, 2020
Share
Grupo Carso, S.A.B. de C.V. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2019. For the quarter, the company reported sales of MXN 29,632 million against MXN 28,404 million a year ago. Operating income was MXN 3,226 million against MXN 3,053 million a year ago. Controlling net income was MXN 2,454 million compared to MXN 3,649 million a year ago.
For the year, the company reported sales of MXN 102,478 million against MXN 96,640 million a year ago. Operating income was MXN 11,453 million against MXN 10,986 million a year ago. Controlling net income was MXN 8,173 million compared to MXN 9,176 million a year ago.
Grupo Carso, S.A.B. de C.V. is a holding company. The Company holds interests in various companies, which operate in the industrial, retail, infrastructure and construction, and energy sectors. The Company's segments include Retail, Industrial, Infrastructure and Construction, and Carso Energy. The Company's subsidiaries include Grupo Sanborns, S.A.B. de C.V., which operates various retail formats in Mexico; Grupo Condumex, S.A. de C.V., which has a portfolio of products and services focused on meeting the needs of the telecommunications, construction, electricity, energy, automotive and mining industries; Carso Infraestructura y Construccion, S.A. de C.V., which serves the chemical and oil industry, pipeline installations, infrastructure, civil construction and housing developments sectors, and Carso Energy, S.A. de C.V., which holds interests in various companies in the sector of exploration and production of oil, gas and other hydrocarbons, and electricity.
GRUPO CARSO, S.A.B. DE C.V. 
