Grupo Carso SAB de CV (OTCPK:GPOVF)
$ 5.5 0 (0%) Market Cap: 14.00 Bil Enterprise Value: 15.90 Bil PE Ratio: 18.88 PB Ratio: 1.94 GF Score: 84/100
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Q1 2022 Grupo Carso SAB de CV Earnings Call Transcript

Apr 26, 2022 / 02:30PM GMT
Release Date Price: $3.45
Operator

Good morning, everyone, and welcome to the conference call to discuss the results of the first quarter 2022 of Grupo Carso. Before we begin, I would like to remind you that this call is being recorded and that the 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. And I will now turn the call over to Ms. Angela Pina. Please go ahead.

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

Thank you, Tom. Good morning, everyone. Thank you for your interest and your participation in this conference call. I will take you briefly through the first quarter financial results, and then we will take your questions.

Consolidated sales for Grupo Carso increased 28.4% totaling MXN 34.5 billion. This was

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