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Central North Airport Group (GAERF) SEC Filings, Oct-Nov 2025

GAERF OTC
Rhea-AI Summary

Grupo Aeroportuario del Centro Norte (OMA) reported higher passenger volumes in its monthly update. Terminal passenger traffic across its 13 airports rose 8.5% in October 2025 versus October 2024, with domestic traffic up 8.3% and international traffic up 10.1%.

Commercial passengers represented 99.4% of total traffic, while 0.6% was general aviation. The company also noted that two routes began operating during the month.

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Grupo Aeroportuario del Centro Norte (OMA) reported unaudited 3Q25 results. Total passenger traffic was 7.6 million, up 7.7% versus 3Q24, with 86.4% domestic and 13.6% international; seats offered rose 10.8% and 7 new routes began operations.

Aeronautical revenues increased 10.6% and non-aeronautical revenues rose 7.3%. Commercial revenues per passenger were Ps.60.3, down 0.6%. Operating income reached Ps.2,403 million, up 10.8%, with a 61.2% margin. Adjusted EBITDA was Ps.2,654 million, up 9.0%, with a 74.8% margin; excluding the incremental concession tax on aeronautical revenues, Adjusted EBITDA would have been Ps.2,763 million with a 77.9% margin.

The concession tax rose 10.4% to Ps.289.6 million; the 4% excess on aeronautical revenues totaled Ps.112.5 million and will be added to the tariff reference value for recovery starting in January 2026. Net income was Ps.1,510 million, up 9.1%. EPS was Ps.3.90 and earnings per ADS were US$1.70. Cash from operations was Ps.1,940 million; capital investments and major maintenance totaled Ps.472 million. Cash and cash equivalents were Ps.4,445 million as of September 30, 2025.

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Grupo Aeroportuario del Centro Norte (OMA) reported that terminal passenger traffic across its 13 airports grew 8.8% in September 2025 compared with September 2024. Domestic passenger traffic rose 8.6%, while international traffic increased 9.7%, indicating broad-based growth in both travel segments.

Of total September passenger traffic, 99.4% was commercial and 0.6% was general aviation, showing that activity is overwhelmingly driven by airline passengers. OMA operates 13 international airports in nine Mexican states, including Monterrey and tourist destinations such as Acapulco, Mazatlán, and Zihuatanejo, and is part of VINCI Airports.

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FAQ

How many Central North Airport Group (GAERF) SEC filings are available on StockTitan?

StockTitan tracks 53 SEC filings for Central North Airport Group (GAERF), including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and Form 4 insider trading disclosures. Each filing includes AI-generated summaries, impact scoring, and sentiment analysis.

When was the most recent SEC filing for Central North Airport Group (GAERF)?

The most recent SEC filing for Central North Airport Group (GAERF) was filed on November 6, 2025.