Mexico's Carso Q4 net profit below expectations

Newswire

MEXICO CITY, Feb 27 (Reuters) - Mexican conglomerate Grupo Carso said on Thursday its fourth quarter net totaled 446 million pesos, below analysts expectations as its industrial units buckled under the weak economy and pricing pressures. An earlier Reuters consensus poll had predicted a net profit of 597 million pesos. Carso gave no comparison, although analysts estimated inflation-adjusted fourth quarter 2001 net profit was 364 million pesos. Carso -- a retail and industrial group and ...

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