Grupo carso, s.a.b. de c.v. private company information – bloomberg gas mileage comparison

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Grupo Carso, S.A.B. de C.V., together with its subsidiaries, operates in the commercial, industrial, infrastructure and construction, and energy sectors. The company operates department stores, boutiques, gift shops, record stores, restaurants, and cafeterias, as well as manages shopping malls primarily through the Sanborns, Sears, Saks Fifth Avenue, Mix-up, and iShop commercial brands. It serves consumers of medium, medium-high, and high-income segments through 442 units and approximately one million 186 thousand square meters of commercial area. The company also manufactures and sells cable products for use in the construction, automotive, energy, and telecommunications industries; copper …

Grupo Carso, S.A.B. de C.V., together with its subsidiaries, operates in the commercial, industrial, infrastructure and construction, and energy sectors. The company operates department stores, boutiques, gift shops, record stores, restaurants, and cafeterias, as well as manages shopping malls primarily through the Sanborns, Sears, Saks Fifth Avenue, Mix-up, and iShop commercial brands. It serves consumers of medium, medium-high, and high-income segments through 442 units and approximately one million 186 thousand square meters of commercial area. The company also manufactures and sells cable products for use in the construction, automotive, energy, and telecommunications industries; copper and aluminum products, and automotive parts; and transformers and lighting solutions. In addition, it engages in engineering activities, which include infrastructure works, such as highway construction and maintenance, water system works, water treatment plants, and dams; duct installations for the telecommunications and gas sectors, including fiber-optic networks, gas pipelines, and others; oil well drilling and services related to this industry; design and construction of oil platforms and oil industry equipment; and construction of industrial, commercial, and residential real property. Further, the company is involved in the exploration and production of oil, gas, and other hydrocarbons, as well as electricity. It has operations in Mexico, rest of North America, Central and South America, the Caribbean, Europe, and internationally. The company is headquartered in Mexico City, Mexico.

Grupo Carso, S.A.B. de C.V. reported consolidated earnings results for the fourth quarter and year ended December 31, 2017. For the quarter, the company reported sales of MXN 27,693 million against MXN 27,632 million a year ago. Operating income was MXN 5,250 million against MXN 4,002 million a year ago. This was due to a 23.4% increase in the operating income of the infrastructure and construction division, since the profitability of the industrial division remained the same, and that of the retail division decreased 8.3%. EBITDA was MXN 4,491 million against MXN 4,447 million a year ago. Controlling net income was MXN 4,532 million against MXN 3,162 million a year ago. Net debt was MXN 5.1 billion.

For the year, the company reported sales of MXN 93,593 million against MXN 95,188 million a year ago. Operating income was MXN 12,941 million against MXN 13,726 million a year ago. EBITDA was MXN 13,872 million against MXN 14,578 million a year ago. Controlling net income was MXN 10,034 million against MXN 9,525 million a year ago. Net debt was MXN 5.1 billion, very similar to the net debt at the end of 2016.