Grupo Carso plans MXN 4 billion Puebla project: what it means for Grupo Carso stock

Published on 10/13/2026 at 11:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue rose 3.90 percent to MXN 48.19 billion. Grupo Carso stock costs EUR 7.68 on October 13, 2026.

Grupo Carso announced a MXN 4.00 billion mixed-use Puebla project on October 1, 2026.
The plan covers 45,093 square meters and includes 700 apartments and commercial space.
Second-quarter 2026 revenue rose 3.90 percent to MXN 48.19 billion, while net income increased 10.60 percent.
Grupo Carso stock was trading at EUR 7.68 at Lang & Schwarz on October 13, 2026.

Grupo Carso, MXP461181085, Illustration mit AI erstellt.

Grupo Carso stock was trading at EUR 7.68 at Lang & Schwarz on October 13, 2026 at 10:59 a.m. CEST. On October 1, 2026, Grupo Carso announced a MXN 4.00 billion Puebla development covering housing and commercial space, as Tele Urban reported.

Project adds a MXN 4 billion commitment

The Paseo San Francisco plan covers 45,093 square meters of land and 175,000 square meters of total construction. The proposal includes 700 apartments, a commercial plaza and additional uses in Puebla's historic center, with approvals required from the National Institute of Anthropology and History, according to Tele Urban.

The project is material relative to the group's market value. Grupo Carso had a market capitalization of MXN 352.20 billion as of October 12, 2026, making the announced investment equivalent to 1.14 percent of that value.

What does the Puebla plan mean for growth?

The latest operating figures provide the financial backdrop. In the second quarter of 2026, consolidated revenue reached MXN 48.19 billion, up 3.90 percent from the same period of 2025, while controlling net income rose 10.60 percent to MXN 2.96 billion, according to Sureste Mx.

The same second-quarter report said the stronger net income came as the group's Zamajal and Grupo Sanborns divisions supported growth. It also said the peso's 14.30 percent average appreciation against the US dollar affected the peso translation of export and foreign-operation revenue, creating a currency factor alongside the operating performance.

Three dated steps in the strategy

In May 2026, Grupo Carso completed the sale of Keystone Cement Holding and Keystone Cement Company for USD 310.00 million, according to Sureste Mx. On July 16, 2026, it announced an agreement to acquire a 30.00 percent stake from TotalEnergies in Block 30 of the Salina Basin, also cited by Sureste Mx. The October 1 Puebla announcement is the latest of the three dated strategic moves.

Next reporting date is November 2

Grupo Carso's next quarterly results are listed for November 2, 2026, by TickerLandia. The date gives investors a scheduled checkpoint for revenue, profitability and progress on the group's expansion agenda.

EUR 7.68 at Lang & Schwarz

Grupo Carso was trading at EUR 7.68 at Lang & Schwarz on October 13, 2026 at 10:59 a.m. CEST. On BMV, the stock closed at MXN 156.31 on October 12, 2026. The further course of trading is shown by the continuously updated real-time quote of Grupo Carso stock.