Grupo Carso SAB de CV (OTCPK:GPOVF)
$ 5.5 0 (0%) Market Cap: 13.09 Bil Enterprise Value: 15.46 Bil PE Ratio: 19.59 PB Ratio: 2.01 GF Score: 83/100

Q4 2021 Grupo Carso SAB de CV Earnings Call Transcript

Feb 01, 2022 / 04:00PM GMT
Release Date Price: $2.98
Operator

Good morning, everyone, and welcome to the conference call to discuss the results of the fourth quarter 2021 of Grupo Carso. Before we begin, I would like to remind you that this call is being recorded and that information discussed today may include forward-looking statements regarding the company's financial and operating performance. All projections are subject to risks and uncertainties, and actual results may differ materially.

Hosting this conference today, we have Mr. Arturo Spinola, CFO of Condumex and Carso Infraestructura y Construcción; and Ms. Angelica Pina of Investor Relations. I will now turn the call over to Ms. Angelica Pina. Please go ahead.

Norma Angelica Pina Garnica
Grupo Carso, S.A.B. de C.V. - Head of IR

Thank you very much. Welcome, everyone, and good morning. In this conference call, I will take you briefly through the fourth quarter financial results, and then we will take your questions.

Consolidated sales of Grupo Carso improved 21.6%, totaling MXN 37.8 billion. Grupo Sanborns posted a 26.1% increase with

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