Mexico Carso Q3 net, EBITDA fall on industry slump

Newswire

MEXICO CITY, Oct 28 (Reuters) - Mexico's Grupo Carso reported weaker-than-expected third-quarter earnings on Monday, as weak demand for its industrial products took a bite out of sales and profits. Carso, one of Mexico's leading conglomerates and part of the business empire of Mexican billionaire Carlos Slim, said in a news release its earnings before interest, taxes, depreciation and amortization (EBITDA) fell 12.5 percent from the third quarter of 2001 to 2.207 billion pesos. A Reuters ...

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