Grupo Aeroportuario Del Sureste ( (ASR) ) has released its Q4 earnings. Here is a breakdown of the information Grupo Aeroportuario Del Sureste 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 U.S., and Colombia, known for managing and developing airport infrastructure. In its latest earnings report for the fourth quarter of 2024, ASUR announced a slight decline in overall passenger traffic by 0.3% year-over-year, with notable increases in Puerto Rico and Colombia, contrasting with a decrease in Mexico. Despite the dip in passenger numbers, the company reported a significant 31.2% increase in revenues, reaching Ps.9,020.6 million, driven by growth in construction services and aeronautical revenues. The company’s EBITDA rose by 22.5% to Ps.5,111.3 million, with an adjusted EBITDA margin improvement to 69.7%. ASUR’s financial health remains robust, with a strong cash position of Ps.20,083.4 million and a negative net debt to LTM EBITDA ratio of 0.3x, indicating a solid liquidity stance. Looking ahead, ASUR’s management remains focused on enhancing operational efficiencies and capitalizing on growth opportunities across its regions of operation, aiming to sustain its financial performance and strategic development plans.