Grupo Aeroportuario reports Q3 results
Oct. 24, 2022 4:37 PM ETGrupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR)By: Urvi Shah, SA News Editor
- Grupo Aeroportuario press release (NYSE:ASR): Q3 Revenue of $6.29M (+29.2% Y/Y) misses by $299.21M.
- Consolidated commercial revenues per passenger were Ps.116.5 in 3Q22.
- Consolidated EBITDA increased 39.6% YoY to Ps.4,067.0 million and 64.3% compared to 3Q19.
- Adjusted EBITDA Margin (excluding the effect of IFRIC 12) increased to 69.7%, from 67.7% in 3Q21 and 64.0% in 3Q19.
- Cash & cash equivalents of Ps.13,917.4 million at quarter-end and Net Debt-to-LTM EBITDA at 0.14x.