Mexico's Carso net seen rising but growth slows

Newswire

MEXICO CITY, April 25 (Reuters) - Mexican conglomerate Grupo Carso is seen posting an 8 percent increase in net profit for the first quarter as rising costs and a tepid economy slowed growth, especially at industrial operations. Five analysts surveyed this week by Reuters estimated, on average, that Carso's net reached 1.362 billion pesos ($125 million), compared with 1.262 billion pesos in the 2005 quarter. Carso , a retail and industrial conglomerate that belongs to the business empire ...

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