The outlook of Grupo Carso is to be a conglomerate in which each of its subsidiaries will provide a quality service to its clients in Mexico and throughout the world. In consumption products, Grupo Sanborns has as its priority goal, the best assortment of products per store in order to satisfy the needs of our customers at each location with an adequate selection of products and presentations, incorporating the e-commerce sales. In Condumex, we are committed to providing the best technology in our portfolio of cables, whether they are addressed towards the construction, telecommunications or automotive industry. In the telecommunications and auto parts industries, we continue to be the principal long-term providers of our clients. In construction and energy we continue to gain a position as a reliable provider, adapting to the dynamics of the economy and completing the projects that we start, under a responsible administration in the management of resources and within a framework of care and protection of the environment.
Grupo Carso has a corporate structure and financial strength that allow us to take advantage of business opportunities into the future. In Grupo Sanborns our focus on profitability has led us to evaluate aggregate value by the square meter in order to optimize lay-out and space. We continue to invest in distribution and logistics, both in the physical stores – the Sears distribution centers – as well as in e-commerce in all our formats, while continuing to develop the Marketplace in ClaroShop.
In Condumex we were once more awarded the “GM Supplier Quality Excellence Award” for being a provider with the highest levels of quality and performance in our GM assembly plants in Jaral del Progreso, Ocampo and San Felipe in Guanajuato, while our client Daimler Autobuses awarded us the “Daimler masters of Quality” prize.
Carso Infraestructura y Construcción has diversified its construction activities in other countries in conjunction with its partner, FCC Construcción, with projects such as Corredores de Playas en Panama and the improvement of the Los Chinamos-El Ayote Road in Nicaragua.
The Carso Energy Division continues to seek for business opportunities, such as in the case of alternative energies, in which we have begun the short-term exploration of two geothermal fields, to subsequently focus on the generation of energy. Additionally, we have initiated exploration works in the two blocks we were awarded in the 2.3 Round of the National Hydrocarbons Commission (CNH).
In regard to sustainability, the Carlos Slim Foundation is developing 96 programs and projects in 13 different categories, among them education, employment, health, sports, culture and the environment, which will reach more than 45 million beneficiaries in Mexico and other Latin American countries. Of particular relevance to the Foundation is the initiative called “Mexico United,” which began in September of 2017 to address the damage caused by earthquakes. During the emergency phase the Group’s companies and their volunteers responded immediately to the basic needs of thousands of persons who were affected, providing groceries, tents, blankets sleeping mats, water purifiers and telecommunications. As we have established from the beginning in the Foundation’s website, we have reported, with total transparency, the actions taken and the application of those resources.
We thank the shareholders, clients and providers for the confidence they have placed in us. I invite all our collaborators to continue with us in these actions, to thereby make it possible for Grupo Carso to achieve the goals we have set for ourselves, improving our performance year after year and continuing to contribute to the progress of our country.
Mr. Antonio Gómez Garcia