Q2 2023 Grupo Carso SAB de CV Earnings Call Transcript

Feb 13, 2024

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Jul 25, 2023 / 03:00PM GMT
Norma Angelica Pina Garnica - Grupo Carso, S.A.B. de C.V. - Head of IR

Good morning, everyone, and welcome to this webinar to disclose the results of the second quarter 2022 (sic) [2023] of Grupo Carso. Before we begin, I would like to remind you that this event is being recorded and that information discussed today may include forward-looking statements regarding the company's financial and operating performance. All projections are subject to risks and uncertainties and actual results may differ materially. Hosting this conference today, we have Mr. Arturo Spinola, Chief Executive Officer of Grupo Carso; and Angelica Pina of Investor Relations. I will be reading the speech before we proceed to the Q&A session.

Thank you for your interest and your participation in this webinar. I will take you briefly through the second quarter's financial results, and then we will take your questions. Consolidated sales for Grupo Carso improved 7.2% totaling MXN 48 billion. Carso Infraestructura y ConstrucciÃ³n posted a 21.5% increase due to the progress in (inaudible) and gas pipeline construction,

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