Welcome to our dedicated page for Grupo Aeroportuario del Sureste, S.A. de C.V. news (Ticker: ASR), a resource for investors and traders seeking the latest updates and insights on Grupo Aeroportuario del Sureste, S.A. de C.V. stock.
Grupo Aeroportuario del Sureste, S.A.B. de C.V. operates an international airport concession business across Mexico, Colombia and Puerto Rico. ASUR operates nine airports in southeastern Mexico, including Cancún Airport, six airports in northern Colombia, including Medellín international airport at Rionegro, and holds a 60% interest in Aerostar Airport Holdings, operator of Luis Muñoz Marín International Airport in San Juan.
Recurring ASR news covers monthly passenger traffic by country and by domestic and international routes, quarterly operating results, commercial revenue per passenger, EBITDA and leverage measures, and shareholder meeting actions. Company updates also cover ASUR US Airports and airport retail concessions at major U.S. hubs such as Los Angeles International, Chicago O'Hare and John F. Kennedy International.
Grupo Aeroportuario del Sureste (ASR) reported a total of 6.1 million passengers in March 2023, a 6.7% increase compared to March 2022. Passenger traffic rose by 11.8% in Mexico and 9.3% in Puerto Rico, while it fell by 9.1% in Colombia. The growth in Mexico was fueled by a 20.1% increase in domestic traffic and a 6.2% rise in international traffic. For the year-to-date, total passenger traffic has grown by 19.2%. Domestic traffic in Puerto Rico also showed strong growth of 19.4% year-to-date, while international traffic surged 49.2%. In contrast, Colombia faced a 12.2% decline in domestic traffic.
Grupo Aeroportuario del Sureste (NYSE: ASR) announced its General Annual Ordinary Shareholders' Meeting will be held on April 26, 2023, in Mexico City. The agenda includes the CEO's report for fiscal year 2022, financial statements, and proposals for dividends of $9.93 in May and $10.00 in November 2023. The meeting will also address share repurchase policies and the ratification of board members. Shareholders must be registered by April 21, 2023, to attend. The company operates 16 airports across Mexico, the U.S., and Colombia, focusing on maintaining operational excellence.
Grupo Aeroportuario del Sureste (ASR) reported robust passenger traffic growth in February 2023, reaching 5.5 million, a 23.9% increase from the previous year. Key year-on-year growth rates included 25.6% in Mexico, 21.7% in Colombia, and 20.5% in Puerto Rico. Domestic traffic surged by 29.3% in Mexico, 16.8% in Colombia, and 18.1% in Puerto Rico, while international traffic reported increases of 22.9%, 51.3%, and 50.3%, respectively. The total passenger numbers for the year to date also showed strong performance, highlighting the recovery in travel demand across the regions where ASR operates.
Grupo Aeroportuario del Sureste (ASUR) reported significant growth in its 4Q22 results, with total passenger traffic rising 18.0% YoY and 25.8% compared to 4Q19. Revenues increased 7.1% YoY to Ps.7,273.6 million, while consolidated EBITDA soared 34.8% YoY to Ps.4,427.1 million, yielding an Adjusted EBITDA Margin of 75.3%. The company held cash and equivalents of Ps.13,175.0 million and demonstrated a robust net debt-to-EBITDA ratio of 0.1x. Notable increases were observed across all operational regions, particularly in Colombia, which saw a 37.4% increase in passenger traffic.
Grupo Aeroportuario del Sureste (NYSE: ASR) reported a significant passenger traffic growth of 29.8% in January 2023, reaching 6.3 million passengers, compared to January 2022. This increase was driven by robust domestic and international traffic across operations in Puerto Rico, Mexico, and Colombia. In Puerto Rico, traffic surged by 37.8%, while Mexico saw a 33.6% rise, and Colombia experienced a 16.6% increase. Notably, international traffic experienced remarkable increases, with Puerto Rico at 49.6%, Mexico 32.4%, and Colombia 50.8%.
Grupo Aeroportuario del Sureste (ASR) reported a 22.9% increase in passenger traffic for December 2022, reaching 6.4 million passengers. Compared to December 2019, traffic rose by 33.2% in Colombia, 24.1% in Mexico, and 6.4% in Puerto Rico. Domestic and international traffic drove growth in Colombia and Mexico. Year-to-date figures reflect a 34.4% overall increase compared to 2019. Notably, Cancun saw a 17.2% increase for December versus 2019, highlighting strong recovery in the aviation sector.
Grupo Aeroportuario del Sureste (ASR) reported a significant increase in passenger traffic for November 2022, reaching 5.8 million passengers, surpassing pre-pandemic levels by 25.2%. Colombia saw the highest growth at 38.8%, followed by Mexico at 24.1% and Puerto Rico at 11.2%. The growth was driven primarily by international traffic in Colombia and Mexico, and by domestic traffic in Puerto Rico. Year-to-date figures also indicated strong recovery, with total traffic growing 36.6% compared to 2019 levels.
Grupo Aeroportuario del Sureste (ASR) reported a passenger traffic increase of 29.9% in October 2022 compared to October 2019, totaling 5.4 million passengers. Notable growth was seen in Colombia (40.7%), Mexico (30.3%), and Puerto Rico (11.1%). The surge was primarily due to international traffic in Colombia and Mexico, while Puerto Rico experienced domestic traffic growth. Year-to-date results show a 39.1% increase in total traffic compared to 2019. The company operates 16 airports across the Americas, enhancing its market position in the aviation sector.
Grupo Aeroportuario del Sureste (ASR) reported strong financial results for 3Q22, with total passenger traffic up 24.5% year-over-year and 22.8% compared to 3Q19. Revenues increased by 29.4% YoY to Ps.6,294.8 million, while EBITDA rose 39.6% YoY to Ps.4,067 million. The Adjusted EBITDA Margin improved to 69.7%. Cash and cash equivalents stood at Ps.13,917.4 million, with a Net Debt-to-LTM EBITDA ratio of 0.14x. These results reflect a robust recovery in air travel and operational efficiency as the company navigates post-pandemic recovery.
Grupo Aeroportuario del Sureste (ASR) reported a significant rise in passenger traffic for September 2022, achieving a total of 4.9 million passengers, marking a 28.5% increase from September 2019. Notable growth was observed in Colombia (34.8%), Mexico (30.3%), and Puerto Rico (10.0%). The report excludes transit and general aviation passengers. Year-to-date figures also reflect positive trends, with increases in both domestic and international traffic across all operational regions.