Grupo Aeroportuario del Sureste, S.A. de C.V. American Depositary Shares - ASR STOCK NEWS

Grupo Aeroportuario del Sureste (NYSE: ASR) reported its 3Q24 results, showing 18.1% YoY revenue growth to Ps.7,483.3 million and a 12% increase in EBITDA to Ps.4,700.4 million. This growth occurred despite a 2.1% decline in total passenger traffic. Key highlights include:

- Mexico: 10.1% passenger traffic decline
- Puerto Rico: 4.6% passenger traffic increase
- Colombia: 15.5% passenger traffic increase
- Consolidated revenues per passenger up 7.2% to Ps.124.9
- Adjusted EBITDA Margin decreased to 68.3% from 69.6% in 3Q23
- Strong cash position of Ps.18,483.6 million with Debt to LTM Adjusted EBITDA at -0.3x

The company's performance varied across its operations, with Colombia showing the strongest growth in both revenue and passenger traffic.

Grupo Aeroportuario del Sureste (ASUR) reported a 1.5% decrease in total passenger traffic for September 2024, reaching 4.9 million passengers. The breakdown shows:

- Colombia: 14.7% increase (15.2% international, 14.5% domestic)
- Puerto Rico: 0.8% decrease (26.0% international growth, 3.9% domestic decline)
- Mexico: 8.1% decrease (12.4% international decline, 4.9% domestic decline)

Year-to-date figures show a 1.5% increase in total traffic across all regions. Domestic traffic grew by 0.7%, while international traffic decreased by 6.3% compared to the same period in 2023.

Grupo Aeroportuario del Sureste (ASUR) reported mixed passenger traffic results for August 2024. Total passenger traffic decreased by 2.8% year-over-year to 6.0 million passengers. Colombia saw a 16.3% increase, driven by strong growth in both international (24.8%) and domestic (14.1%) traffic. Puerto Rico experienced a 1.6% rise, with international traffic up 21.6% but domestic traffic down 0.7%. However, Mexico reported a 10.7% decline, with domestic traffic falling 9.1% and international traffic dropping 12.6%.

Year-to-date figures show a 1.9% overall increase in passenger traffic across ASUR's operations. Colombia leads with a 10.5% growth, followed by Puerto Rico at 9.1%, while Mexico shows a 3.1% decrease.

Grupo Aeroportuario del Sureste (ASUR) reported a 1.7% decrease in total passenger traffic for July 2024, reaching 6.4 million passengers. The company experienced mixed results across its operations:

- Mexico: 11.1% decrease (9.4% domestic, 12.7% international)

- Colombia: 15.4% increase (12.3% domestic, 26.9% international)

- Puerto Rico: 10.5% increase (9.5% domestic, 17.4% international)

Year-to-date figures show a 2.5% increase in total traffic across all operations. Notably, Cancun airport in Mexico saw a significant 14.6% decrease in total traffic for July, while Rionegro airport in Colombia experienced an 18.9% increase.

Grupo Aeroportuario del Sureste (NYSE: ASR) reported its Q2 2024 results, showing a 2.8% year-over-year increase in total passenger traffic. Key highlights include:

- Revenues rose 20.1% YoY to Ps.7,394.0 million
- EBITDA grew 18.0% YoY to Ps.4,909.9 million
- Net Income increased 42.7% to Ps.3,779.4 million
- Earnings per Share reached Ps.12.2452, up 50.3%

Traffic varied by region: Mexico declined 4.7%, Puerto Rico increased 8.5%, and Colombia saw a significant 20.9% growth. The company maintained a strong financial position with Ps.14,997.0 million in cash and a negative Debt to LTM Adjusted EBITDA ratio of 0.2x.

Grupo Aeroportuario del Sureste (NYSE: ASR; BMV: ASUR) announced June 2024 passenger traffic data. The total passenger traffic reached 6.1 million, a 3.8% increase from June 2023. Year-on-year, Colombia saw a 24.5% rise, Puerto Rico an 11.6% rise, but Mexico experienced a 5.5% decline. In Colombia, international traffic spiked by 33.1%, and domestic traffic rose by 22.3%. Puerto Rico's growth was fueled by a 10.9% increase in domestic and a 16.1% rise in international traffic. However, Mexico's domestic traffic fell by 5.7%, and international traffic decreased by 5.2%. Year-to-date, Mexico's passenger traffic slightly decreased by 0.4%, while Colombia and Puerto Rico showed year-to-date growth of 8.6% and 10.2%, respectively.

Grupo Aeroportuario del Sureste (ASR) reported passenger traffic for May 2024 at 5.8 million, a 3.1% increase from May 2023. Colombia saw a 20.2% rise, driven by a 30.1% increase in international traffic and 17.8% in domestic traffic. Puerto Rico's traffic grew by 4.3%, with domestic and international traffic increasing by 3.1% and 15.4% respectively. However, Mexico experienced a 3.0% decline, with domestic and international traffic down by 4.6% and 1.3% respectively. Year-to-date, total traffic climbed by 7.2%, with a 0.3% rise in domestic traffic and a 19.0% surge in international traffic.

Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) corrected its previously misstated year-to-date 2023 passenger traffic figures. The updated figures show 9,909,231, 18,220,179, and 29,273,525 passengers for international traffic across all Mexican airports, total traffic in Mexico, and total company traffic, respectively. For May 2024, ASUR reported a 3.0% increase in overall passenger traffic compared to May 2023, with significant growth in Colombia (20.2%) and Puerto Rico (4.3%). However, Mexico saw a 3.0% decline in passenger traffic. Year-to-date passenger traffic increased by 0.6% in Mexico, 9.9% in Puerto Rico, and 5.6% in Colombia. The report highlights both domestic and international traffic changes across these regions.

Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) reported a 1.3% increase in passenger traffic for April 2024 compared to April 2023, with significant growth in Colombia and Puerto Rico but a slight decline in Mexico. The company continues to expand its operations in key markets, showcasing resilience and adaptability in the face of changing travel trends.