Grupo Carso, S.A.B. de C.V. Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2019
October 22, 2019
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Grupo Carso, S.A.B. de C.V. reported consolidated earnings results for the third quarter and nine months ended September 30, 2019. For the quarter, the company reported sales of MXN 25,778 million against MXN 23,345 million a year ago. Operating income was MXN 3,122 million against MXN 2,473 million a year ago.
For the nine months, the company reported sales of MXN 72,845 million against MXN 68,236 million a year ago. Operating income was MXN 8,227 million against MXN 7,934 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. 
