Grupo Carso, S.A.B. de C.V. Reports Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2016
February 23, 2017
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Grupo Carso, S.A.B. de C.V. reported consolidated earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the company reported sales of MXN 27,632 million against MXN 25,436 million a year ago. Operating income was MXN 4,002 million against MXN 3,368 million a year ago. EBITDA was MXN 4,447 million against MXN 3,916 million a year ago.
For the year, the company reported sales of MXN 95,188 million against MXN 88,224 million a year ago. Operating income was MXN 13,726 million against MXN 10,329 million a year ago. EBITDA was MXN 14,578 million against MXN 12,571 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. 
