Grupo Aeroportuario del Pacífico Reports Strong Q1 2025 Results

Grupo Aeroportuario Del Pacifico ( (PAC) ) has released its Q1 earnings. Here is a breakdown of the information Grupo Aeroportuario Del Pacifico presented to its investors.

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports across Mexico’s Pacific region and two in Jamaica, providing both aeronautical and non-aeronautical services. The company is listed on the New York and Mexican Stock Exchanges.

In the first quarter of 2025, GAP reported a significant increase in total revenues, which rose by 30.1% compared to the same period in 2024. This growth was driven by both aeronautical and non-aeronautical services, with notable contributions from improvements to concession assets.

Key financial metrics showed strong performance, with EBITDA increasing by 21.1% and comprehensive income rising by 30.0%. The company also saw an increase in passenger traffic by 4.2%, reflecting a recovery in travel demand. Additionally, GAP issued long-term bonds to refinance debt and fund capital investments, strengthening its financial position.

Operating costs rose by 41.0%, primarily due to increased costs of services and improvements to concession assets. Despite these higher costs, the company maintained a healthy operating income margin, although slightly reduced from the previous year.

Looking ahead, GAP remains focused on its strategic initiatives, including the expansion of its airport operations and enhancement of passenger services. The company’s management is optimistic about continued growth, supported by favorable market conditions and ongoing investments in infrastructure.