MEXICO CITY, July 26 (Reuters) - Mexican conglomerate Grupo Carso is expected to post a 35 percent rise in net profit for the second quarter, due mainly to lower interest payments, with modest sales growth at its industrial and retail operations. Five analysts surveyed this week by Reuters estimated, on average, that Carso's net reached 1.303 billion pesos ($115 million), compared with 963 million pesos in the 2005 quarter, boosted mainly by lower financial expenses as it slashed debt. ...
Premium Content (PAID Subscription Required)
"Mexico's Carso net seen up but sales slow" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.