Mexico Carso EBITDA up 11.4 pct on industry rebound

Newswire

MEXICO CITY, Feb 26 (Reuters) - Mexican conglomerate Grupo Carso posted rising sales and earnings for the fourth quarter on Thursday, driven by recovery in industrial operations after a protracted economic slowdown. Carso, a retail and industrial conglomerate that belongs to the business empire of Latin America's richest man, Carlos Slim, said earnings before interest, taxes, depreciation and amortization (EBITDA) came in at 2.821 billion pesos ($251 million), up 11.4 percent from the same ...

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