Q1 2025 Grupo Carso SAB de CV Earnings Call Transcript
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Good morning, everyone, and welcome to this webinar to discuss the results of Grupo Carso for the first quarter of 2025. Before we begin, I would like to remind you that this event is being recorded, and the 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 is Mr. Arturo SpÃnola, Chief Financial Officer of Grupo Carso; and me, Angélica Piña of Investor Relations, who will take you briefly through the first quarter's financial results, and then we will take your questions.
Consolidated sales of Grupo Carso totaled MXN46 billion, remaining stable in the quarter. Grupo Condumex, Carso Energy and Elementia/Fortaleza increased its revenues 20.3%, 16.5% and 10.6%, respectively, related to higher volumes of industrial products, gas transportation and construction materials.
On the other hand,
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