Grupo Aeroportua Stock Price, News & Analysis

Grupo Aeroportuario del Sureste (ASR) reported a significant recovery in passenger traffic for April 2022, with a total of 5.6 million passengers, marking a 20.5% increase compared to April 2019. Traffic in Colombia surged by 48.9%, while Puerto Rico and Mexico saw rises of 17.9% and 12.7%, respectively. The growth is attributed to the rebound in both domestic and international travel, though Puerto Rico's international traffic remains subdued. Year-to-date statistics show total passenger traffic up by 68.6% compared to 2021, signaling ongoing recovery despite challenges.

Grupo Aeroportuario del Sureste (ASR) reported significant growth in 1Q22, with total passenger traffic up 71.4% year-over-year and exceeding pre-pandemic levels by 8.8%. Revenues surged 87.1% to Ps.5,425.8 million, while EBITDA increased 130.8% to Ps.3,676.3 million. The adjusted EBITDA margin improved to 71.0%. Cash equivalents stood at Ps.9,962.2 million, with a favorable net debt-to-EBITDA ratio of 0.3x.

Shareholders approved cash dividends totaling Ps.15.03 per share.

Grupo Aeroportuario del Sureste (ASUR) held its Annual General Shareholders' Meeting on April 20, 2022, in Mexico City. Key resolutions included the approval of the 2021 financial statements and reports from the Board of Directors and the Audit Committee. Shareholders also sanctioned a cash dividend of Ps. 9.03 per share and an extraordinary dividend of Ps. 6.00 per share, payable on or after June 1, 2022. Additionally, 5% of net profits will be allocated to increase the legal reserve. The Board of Directors and committee members received compensation for their services.

Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) has filed its annual report on Form 20-F for the year ending December 31, 2021, with the U.S. Securities and Exchange Commission. This report is available on ASUR's website. ASUR operates and develops 16 airports across Mexico, the U.S., and Colombia, including Cancun and Medellin international airports. The company is a key player in the aviation sector, and its stock is traded under the ticker ASR on the NYSE and ASUR on the Mexican Bolsa.

Grupo Aeroportuario del Sureste (NYSE: ASR) reported March 2022 passenger traffic at 5.7 million, up 15.6% from March 2019. Colombia saw a 41.0% increase, Mexico 9.3%, and Puerto Rico 11.8%. The growth in Colombia and Mexico was driven by recovery in domestic and international travel. Year-to-date figures show traffic in 2022 increased 71.4% compared to 2019. Domestic traffic increased by 20.2%, while international traffic rose by 9.5%. Despite this recovery, international traffic in Puerto Rico remains low.

Grupo Aeroportuario del Sureste (ASR) announced its Annual General Shareholders' Meeting scheduled for April 20, 2022. The agenda includes presentations by the CEO and Board of Directors, financial statements for the year ended December 31, 2021, and proposals for dividends amounting to $9.03 and $6.00 for ordinary shares. Shareholders must be registered by April 13, 2022, to attend and participate in voting. The meeting will also address the legal reserve increase and share repurchase proposals.

Grupo Aeroportuario del Sureste (ASR) reported a total of 4.5 million passengers in February 2022, a 7.0% increase compared to February 2019. Recovery in travel demand was attributed to vaccination campaigns and growth across its airports in Mexico, Puerto Rico, and Colombia. Colombia showed the highest traffic growth at 23.3% compared to 2019, followed by Puerto Rico at 6.3%, and Mexico at 2.2%. Despite the Omicron variant's impact, domestic and international traffic rose across these regions, highlighting positive recovery trends in the aviation sector.

Grupo Aeroméxico announced a voluntary public offering for its shares at a price of $0.01 pesos per share, representing less than 0.01% of its capital stock. This follows the approval of a significant capital stock increase during a General Shareholders Meeting on January 14, 2022. The offering is open from February 15 to March 14, 2022, as part of its Chapter 11 restructuring plan. The Board assessed the offering price as reasonable, providing current shareholders an exit option before upcoming capital changes that may dilute existing shares to nearly zero.

Grupo Aeroportuario del Sureste (NYSE: ASR) reported significant growth in its 4Q21 results, with total passenger traffic up 93.5% YoY, surpassing pre-pandemic levels by 6.6%. Revenues reached Ps.6,789.6 million, a 59.6% increase YoY, while adjusted EBITDA soared 146.8% to Ps.3,285.4 million, resulting in a margin of 69.0%. Cash equivalents stood at Ps.8,770.1 million, and net debt-to-EBITDA improved to 0.5x. The company also paid a cash dividend of Ps.8.21 per common share, indicating financial stability and confidence in its operational recovery.