Grupo Carso Sab De Cv Class A1BMV: GCARSO/A1

Grupo Carso: Operating income rose on asset sales, but net income fell sharply due to FX losses

· Issued by Grupo Carso Sab De Cv Class A1

Sales declined 1.6% year-over-year, but operating income rose 12.1% due to the Giant Cement sale. Net income dropped 42.3% on foreign exchange losses, while EBITDA margin improved to 18.4%.

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