December 10, 2016 4:13 PM ET

Industrial Conglomerates

Company Overview of Grupo Carso, S.A.B. de C.V.

Company Overview

Grupo Carso, S.A.B. de C.V., together with its subsidiaries, operates in the retail, industrial, infrastructure and construction, and energy sectors. The company operates department stores, boutiques, gift shops, record stores, restaurants, cafeterias, and electronic and multimedia stores, as well as manages shopping malls primarily through the Sanborns, Sears, Saks Fifth Avenue, Mix-up, and iShop commercial brands. It serves middle, middle-high, and high-income consumers through 431 units and approximately 1 million 115 thousand square meters of retail area. The company also manufactures and sells cable products for use in the construction, automotive, energy, and telecommunications industr...

Plaza Carso

Frisco Building, 6th Floor

Lago Zurich 245

Ampliación Granada

Mexico City, DF 11529

Mexico

74,343 Employees

Phone:

52 5 328 5800

Key Executives for Grupo Carso, S.A.B. de C.V.

Grupo Carso, S.A.B. de C.V. does not have any Key Executives recorded.

Grupo Carso, S.A.B. de C.V. Key Developments

Carso Energy Reports Earnings Results for the Third Quarter and Nine Months Ended Sep. 30, 2016

Carso Energy reported earnings results for the third quarter and nine months ended Sep. 30, 2016. For the quarter, the company reported sales of MXN 192.3 million compared to MXN 130.4 million a year ago. Operating income was MXN 62.7 million compared to loss of MXN 349.6 million a year ago. EBITDA was MXN 113.7 million compared to MXN 34.2 million a year ago. Controlling net income was MXN 27.4 million compared to controlling net loss of MXN 316.1 million a year ago. For nine months, the company reported sales of MXN 594.1 million compared to MXN 570.6 million a year ago. Operating income was MXN 200.3 million MXN 206.9 million a year ago. EBITDA was MXN 353.3 million compared to MXN 278.7 million a year ago. Controlling net income was MXN 84.5 million compared to controlling net loss of MXN 234.7 million a year ago.

Grupo Carso, S.A.B. De C.V. Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended Sep. 30, 2016

Grupo Carso, S.A.B. de C.V. reported consolidated earnings results for the third quarter and nine months ended Sep. 30, 2016. For the quarter, the company reported sales of MXN 23,423 million compared to MXN 21,063 million a year ago. Operating income was MXN 4,146 million compared to MXN 2,161 million a year ago. Controlling net income was MXN 2,715 million compared to MXN 1,224 million a year ago. EBITDA was MXN 3,529 million compared to MXN 2,955 million a year ago. For nine months, the company reported sales of MXN 67,556 million compared to MXN 62,788 million a year ago. Operating income was MXN 9,724 million compared to MXN 6,961 million a year ago. Controlling net income was MXN 6,363 million compared to MXN 4,293 million a year ago. EBITDA was MXN 10,131 million compared to MXN 8,664 million a year ago. Net debt was MXN 2,840 million.

Grupo Carso, S.A.B. de C.V. Presents at Credit Suisse's 10th Annual Midsummer LatAm Conference, Aug-03-2016

Grupo Carso, S.A.B. de C.V. Presents at Credit Suisse's 10th Annual Midsummer LatAm Conference, Aug-03-2016 . Venue: Omni Berkshire Place Hotel, 21 East 52nd Street at Madison Avenue, New York, New York, United States. Speakers: Arturo Spínola García, Treasurer, Norma Angelica Piña, Investor Relations Officer.

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Recent Private Companies Transactions

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