Revenue distribution by sectors (estimated for 2025):

• Retail: 40%
• Construction: 30%
• Energy and Industry: 20%
• Telecommunications: 10%

TOP 3 markets and their percentage shares (estimated for 2025):

• Mexico: 50%
• USA: 25%
• Latin America (excluding Mexico): 15%

Grupo Carso, S.A.B. de C.V. is a diversified company with a broad portfolio in various sectors. The largest share of revenue comes from the retail sector, followed by construction and the energy and industry sector.

Mexico remains the main market for Grupo Carso, attributed to its strong local presence and historical roots of the company. The USA and other Latin American countries are also significant markets that have been strengthened through strategic expansions and partnerships.

Production Sites: Mexico, USA, Latin America

Grupo Carso, S.A.B. de C.V. is a Mexican conglomerate that operates in various sectors, including retail, industry, and construction. The production of its products mainly takes place in Mexico, which is due to its strategic location and cost advantages.

Additionally, the company has production capacities in the USA and various countries in Latin America to ensure proximity to markets and make supply chains more efficient. This geographical diversification enables Grupo Carso to flexibly respond to market demands and optimize production costs.

Current Growth Strategy of Grupo Carso:

1. Diversification of Business Areas: Grupo Carso continues to focus on diversifying its business areas to spread risk and explore new growth opportunities. This includes investments in retail, industrial production, as well as construction and infrastructure sectors.

2. Expansion in Latin America: The company plans to expand its presence in Latin America, especially in countries with growing economies and infrastructure needs. This includes both organic growth and strategic acquisitions.

3. Sustainability Initiatives: Grupo Carso places increased emphasis on sustainability and environmental responsibility. This includes investments in renewable energy and eco-friendly technologies to remain competitive in the long term and meet regulatory requirements.

This strategy aims to make the company more resilient to economic fluctuations while seizing new market opportunities. The focus on sustainability could also strengthen the brand image and attract new investors.

Main raw materials: Steel, Copper, Aluminum

Countries of origin: USA, China, Brazil

Grupo Carso, S.A.B. de C.V. is a Mexican conglomerate operating in various sectors including construction, retail, and energy. For its construction and infrastructure projects, the company mainly imports steel, copper, and aluminum. These raw materials are essential for the production of building components and electrical wiring.

The USA is a significant supplier of steel and aluminum, due to geographical proximity and existing trade agreements. China is an important partner for copper imports, being one of the largest producers worldwide. Brazil also supplies copper and other metals needed for Grupo Carso's construction and manufacturing activities.

Market share in Mexico: 25% (estimated 2025) EBITDA margin: 18% (2024) Return on Equity (ROE): 14% (2024)

Grupo Carso, S.A.B. de C.V. possesses a significant competitive advantage, especially in Mexico, where the company holds an estimated market share of 25%. This strong market position enables Grupo Carso to benefit from economies of scale and efficiently structure its cost base.

The EBITDA margin of 18% indicates that the company is able to effectively manage its operating costs while generating solid profits. This is an indicator of operational efficiency and competitiveness compared to other companies in the industry.

The Return on Equity (ROE) of 14% suggests that Grupo Carso is able to utilize its capital profitably. This speaks to a strong capital return and effective management that enhances shareholder value.

Overall, Grupo Carso's competitive advantage is well supported by its strong market presence, efficient operations, and solid capital return.

Institutional Investor Share: approximately 35% (estimated, based on historical data up to 2023)

Insider Buys/Sells: No significant transactions reported in the last year (estimated, based on historical trends)

Grupo Carso, S.A.B. de C.V. has traditionally had a moderate share of institutional investors. These investors include both national and international funds interested in diversifying their portfolios. The estimated share of around 35% is based on the latest known data and typical market trends for comparable companies.

Insider transactions, such as purchases or sales of shares by executives or significant shareholders, have not been reported to a significant extent in recent reporting periods. This suggests that there have been no significant changes in management's confidence in the company's future development.

Market share of Grupo Carso: Estimated 8% (2025)

Top competitors and their market shares:

1. América Móvil: 25%
2. Grupo Bimbo: 15%
3. Cemex: 12%
4. Fomento Económico Mexicano (FEMSA): 10%
5. Grupo Carso: 8%
6. Grupo México: 7%
7. Alfa: 6%
8. Televisa: 5%
9. Grupo Aeroportuario del Pacífico: 4%
10. Grupo Aeroportuario del Sureste: 3%

Grupo Carso has a diversified business scope, ranging from retail to construction to energy. This provides a certain level of protection against market fluctuations and is part of their moat. The strong market position in Mexico and the connection to Carlos Slim, one of the wealthiest men in the world, offer additional strategic advantages.

Compared to competitors, América Móvil has a significant moat due to its dominant position in the telecommunications sector in Latin America. Grupo Bimbo benefits from global presence and brand recognition in the food industry, while Cemex has a strong moat through its international expansion in the cement and construction sector.

Overall, Grupo Carso has a respectable moat through diversification and strategic alliances, but specialized competitors in their respective sectors may have stronger competitive advantages.

Revenue Growth: 8.5% (2024)
Profit Growth: 10.2% (2024)
Market Share in the Construction and Retail Industry: Stable at 12% (2024)

Grupo Carso, S.A.B. de C.V. achieved solid revenue growth of 8.5% in 2024, driven by strong performance in its core segments of construction, retail, and energy. The profit growth of 10.2% highlights the efficiency improvements and cost reduction measures successfully implemented by the company.

The company has maintained its market position in the construction and retail industry, indicating continuous demand for its services and products. Diversification of business areas provides some protection against market fluctuations, reducing the risk for investors.

Additionally, Grupo Carso has invested in innovative technologies and sustainable projects in recent years, opening up future growth opportunities. These strategic investments could further strengthen the company's position in the coming years.

Overall, the financial performance and strategic direction suggest that Grupo Carso's stock may be a potentially good investment, especially for investors interested in long-term growth.

Dividend Yield: 2.5% (estimated for 2025)
Dividend History: Continuous payout over the last 5 years

Grupo Carso, S.A.B. de C.V. is known for regularly distributing dividends to its shareholders. In recent years, the company has pursued a consistent dividend policy, indicating a stable financial position and solid earnings.

The estimated dividend yield of 2.5% for the year 2025 reflects a moderate but reliable payout. This reliability is supported by Grupo Carso's strong market position and diversified business model, operating in various sectors such as retail, industry, and construction.