Cost EfficiencyManagement has modified their medium/long target capex from 16% of revenue to 14-16% of revenue, indicating cost efficiency improvements.
Regional PerformanceOperations outside of Puerto Rico had a strong performance with notable EBITDA growth in regions like the Caribbean, Panama, and Costa Rica.
ValuationThe current valuation is considered attractive with material upside potential, despite a conservative target price set above the current market level.