ASUR Reports Mixed 3Q25 Results Amid U.S. Expansion

Grupo Aeroportuario del Sureste SA de CV Class B ( (ASRMF) ) has released its Q3 earnings. Here is a breakdown of the information Grupo Aeroportuario del Sureste SA de CV Class B presented to its investors.

Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) is a prominent international airport group operating in Mexico, the United States, and Colombia, specializing in managing and developing airport facilities and services.

In its latest earnings report for the third quarter of 2025, ASUR reported a modest increase in total passenger traffic by 0.4% year-over-year, with notable growth in Colombia and Puerto Rico, although Mexico experienced a slight decline. The company also highlighted a significant revenue increase of 17.1% year-over-year, driven primarily by construction services, despite a decrease in consolidated EBITDA by 1.3%.

Key financial metrics for the quarter included a 17.1% rise in revenues to Ps.8,765.4 million, with construction services contributing significantly to this growth. However, the company’s net income saw a substantial decline of 36.4% year-over-year, attributed to foreign exchange losses and increased interest expenses. ASUR’s strategic expansion into the U.S. market was marked by an agreement to acquire airport retail concessions at major U.S. airports for $295 million, expected to close in the fourth quarter of 2025.

Despite the challenges, ASUR maintains a strong financial position with a cash balance of Ps.16,259.3 million and a low debt-to-EBITDA ratio of 0.2x. The company continues to invest in its infrastructure, with significant capital expenditures in Mexico and Puerto Rico aimed at modernizing its airport facilities.

Looking ahead, ASUR’s management remains focused on enhancing its operational efficiency and expanding its presence in the U.S. market. The company is poised to leverage its strategic acquisitions and infrastructure investments to drive future growth and improve its financial performance.