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An update from Corporacion America Airports SA ( (CAAP) ) is now available.
Corporación América Airports S.A. reported its financial results for the fourth quarter and full year 2024, highlighting a solid performance despite challenges in Argentina. The company saw a rebound in passenger traffic in Argentina towards the end of the year, with record-high volumes in December 2024 and January 2025. While consolidated revenues increased significantly year-over-year, the results were affected by the devaluation of the Argentine peso and a previous indemnification payment related to the Natal airport concession in Brazil. The company maintained a strong liquidity position and improved its net debt to EBITDA ratio, underscoring its financial resilience and strategic focus on growth.
More about Corporacion America Airports SA
Corporación América Airports S.A. is a leading private airport operator with a diverse portfolio across several countries. The company focuses on managing and developing airport infrastructure, providing aeronautical and commercial services, and enhancing passenger experiences in markets such as Argentina, Italy, Uruguay, Brazil, and Armenia.
YTD Price Performance: 0.10%
Average Trading Volume: 239,565
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $3.1B
Find detailed analytics on CAAP stock on TipRanks’ Stock Analysis page.