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Grupo Carso SAB de CV Class A1 (DE:4GF)
FRANKFURT:4GF
Earnings Data
Report Date
Apr 28, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.06Last Year’s EPS
0.06Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 27, 2025
|% Change Since: 12.61%
|Next Earnings Date:Apr 28, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook with significant sales growth in several divisions, such as Grupo Condumex and Elementia, counterbalanced by profitability challenges in Grupo Sanborns and a reduced construction backlog. The company's energy segment showed positive revenue growth, while the new Samajal hydrocarbon operation is still facing initial losses.Company Guidance
In the third quarter of 2024 earnings call for Grupo Carso, the company reported consolidated sales of MXN 49 billion, representing an 8.3% increase from the previous year, driven by higher volumes and an 11% favorable exchange rate. The operating income was MXN 5.3 billion, a decrease from MXN 5.6 billion in the second quarter of 2023, largely due to higher costs in Grupo Sanborns and Samajal. EBITDA for the quarter stood at MXN 7.2 billion, with the margin contracting by 80 basis points to 14.7%. The net income rose by 6.9% to MXN 3 billion. Grupo Sanborns experienced a 1.5% decline in sales to MXN 15.5 billion, with a notable drop in operating income to MXN 535 million from MXN 1.2 billion the previous year. Grupo Condumex's performance improved, with sales reaching MXN 13 billion, buoyed by the automotive and construction sectors. Carso Infraestructura y Construcción recorded sales of MXN 10.7 billion, supported by manufacturing and services in the oil and chemical industries. The company's backlog decreased by 34.2% to MXN 21.6 billion. Elementia and Fortaleza saw a 13.7% increase in sales to MXN 8.9 billion, while Carso Energy's sales grew to MXN 910 million. Samajal contributed MXN 430 million in sales, but operational startup costs led to a loss. The company is optimistic about future projects, including nearshoring benefits in its Industrial and Construction divisions.Consolidated Sales Increase
Grupo Carso reported consolidated sales of MXN 49 billion, marking an 8.3% growth in the quarter, with contributions from Grupo Condumex, Elementia, Fortaleza, and Carso Energy.
Grupo Condumex Performance
Sales reached MXN 13 billion, up from MXN 10.3 billion in the same quarter last year, driven by higher sales of construction and automotive cables and harnesses.
Elementia and Fortaleza Growth
Sales increased by 13.7%, from MXN 7.8 billion to MXN 8.9 billion, with operating income and EBITDA growing by 29.2% and 23.8%, respectively.
Carso Energy Revenue Growth
Carso Energy reported sales of MXN 910 million, up from MXN 878 million last year, due to positive exchange rate effects and contributions from hydroelectric plants in Panama.
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DE:4GF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:4GF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 27, 2025 | €5.55 | €5.50 | -0.90% |
| Oct 28, 2024 | €5.41 | €5.41 | 0.00% |
| Jul 22, 2024 | €6.21 | €6.56 | +5.60% |
| Apr 22, 2024 | €7.26 | €7.36 | +1.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Grupo Carso SAB de CV Class A1 (DE:4GF) report earnings?
Grupo Carso SAB de CV Class A1 (DE:4GF) is schdueled to report earning on Apr 28, 2025, TBA Not Confirmed.
What is Grupo Carso SAB de CV Class A1 (DE:4GF) earnings time?
Grupo Carso SAB de CV Class A1 (DE:4GF) earnings time is at Apr 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Grupo Carso SAB de CV Class A1 stock?
The P/E ratio of Grupo Carso SAB de CV 1 is N/A.
What is DE:4GF EPS forecast?
DE:4GF EPS forecast for the fiscal quarter 2025 (Q1) is 0.06.
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