Grupo Aeroportuario Del Pacifico Informs About the Investors’ Day 2022

Rhea-AI Summary

Grupo Aeroportuario del Pacífico (PAC) held its Investor Day 2022 at Tijuana International Airport on March 25, 2022, discussing both short- and long-term strategies alongside financial expectations. This event gathered investors and analysts, and the presentation is accessible on the company’s website. Grupo Aeroportuario del Pacífico operates 12 airports across Mexico’s Pacific region and has expanded into Jamaica with significant airport concessions. The company emphasizes forward-looking statements regarding its financial health and strategic decisions.

Positive

• GAP operates 12 airports in key Mexican cities and tourist destinations, showcasing strong regional presence.
• The company has expanded its operations internationally with significant stakes in Jamaican airports.

Negative

• No specific financial metrics or performance data were provided during the Investor Day, leaving investors without concrete figures.

GUADALAJARA, Mexico, March 25, 2022 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (the “Company” or “GAP”) informs that today was held the Investor Day 2022 (GAP DAY) at the Tijuana International Airport.

The Company's executives shared with investors, analysts, and other related parties, the short- and long-term strategies of the Company, as well as financial expectations.

The GAP DAY 2022 presentation is available on the Company's website in the Investors section.

https://www.aeropuertosgap.com.mx/files/GAP_DAY_2022_VF.pdf

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Company Description:
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico’s Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six other mid-sized cities: Hermosillo, Guanajuato, Morelia, Aguascalientes, Mexicali and Los Mochis. In February 2006, GAP’s shares were listed on the New York Stock Exchange under the ticker symbol “PAC” and on the Mexican Stock Exchange under the ticker symbol “GAP”. In April 2015, GAP acquired 100% of Desarrollo de Concesiones Aeroportuarias, S.L., which owns a majority stake in MBJ Airports Limited, a company operating Sangster International Airport in Montego Bay, Jamaica. In October 2018, GAP entered into a concession agreement for the operation of the Norman Manley International Airport in Kingston, Jamaica. In October 2018, GAP entered into a concession agreement for the operation of the Norman Manley International Airport in Kingston, Jamaica and took control of the operation in October 2019.

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management’s current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words “anticipates”, “believes”, “estimates”, “expects”, “plans” and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

In accordance with Section 806 of the Sarbanes-Oxley Act of 2002 and article 42 of the “Ley del Mercado de Valores”, GAP has implemented a “whistleblower” program, which allows complainants to anonymously and confidentially report suspected activities that June involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party that is in charge of collecting these complaints, is 01 800 563 00 47. The web site is www.lineadedenuncia.com/gap. GAP’s Audit Committee will be notified of all complaints for immediate investigation.

FAQ

What was discussed at Grupo Aeroportuario del Pacífico's Investor Day 2022?

GAP's Investor Day 2022 covered short- and long-term strategies, along with financial expectations.

Where can I find the presentation from GAP's Investor Day 2022?

The presentation is available on Grupo Aeroportuario del Pacífico's website in the Investors section.

What airports does Grupo Aeroportuario del Pacífico operate?

GAP operates 12 airports in Mexico, including major cities like Guadalajara and Tijuana, and various tourist destinations.

Is Grupo Aeroportuario del Pacífico expanding internationally?

Yes, GAP has expanded into Jamaica by acquiring stakes in airports there, including Sangster International Airport.

When did Grupo Aeroportuario del Pacífico go public?

GAP's shares were listed on the New York Stock Exchange under the ticker symbol PAC in February 2006.