UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the fiscal year ended December 31, 2023 Commission File Number 1-15132 Grupo Aeroportuario del Sureste, S.A.B. de C.V. (Exact name of registrant as specified in its charter) Southeast Airport Group United Mexican States (Translation of registrant’s name into English) (Jurisdiction of incorporation or organization) Bosque de Alisos No. 47A ...

It’s a great time to be looking at stocks in the travel and hospitality industries.The sector was temporarily beaten down due to the COVID-19 pandemic. However, tourism activity has come absolutely roaring back since the global economy reopened and travel restrictions were lifted. In addition, government stimulus and a sharp jump in consumer income have led to a surge in discretionary spending. In turn, much of that extra disposable income has gone to tourism and other experiences.This has led the travel in ...

Core Insights - Grupo Aeroportuario del Sureste (ASUR) reported a total passenger traffic of 6.5 million in March 2024, marking a year-on-year increase of 6.6% compared to March 2023 [1][2] - Passenger traffic growth was observed across different regions: 3.4% in Mexico, 16.0% in Puerto Rico, and 9.4% in Colombia [1][2] - The increase in passenger traffic in Mexico was primarily driven by an 11.1% rise in international traffic, which compensated for a 6.83% decline in domestic traffic [1][3] Passenger Traffic Summary - In Mexico, passenger traffic rose from 3,893,840 in March 2023 to 4,024,853 in March 2024, a 3.4% increase [3] - Domestic traffic in Mexico decreased by 6.8%, while international traffic increased by 11.1% [3] - Puerto Rico's passenger traffic increased from 1,003,705 in March 2023 to 1,164,522 in March 2024, reflecting a 16.0% growth, with domestic and international traffic growing by 14.9% and 27.1%, respectively [3][4] - Colombia's passenger traffic grew from 1,170,420 in March 2023 to 1,280,754 in March 2024, a 9.4% increase, with domestic traffic rising by 3.6% and international traffic by 37.7% [3][4] Year-to-Date Performance - Year-to-date passenger traffic for Mexico increased from 11,073,291 in 2023 to 11,496,410 in 2024, a 3.8% rise [3] - Year-to-date traffic for Puerto Rico rose from 2,907,038 to 3,261,896, a 12.2% increase [3] - Year-to-date traffic for Colombia decreased slightly from 3,885,317 to 3,804,230, reflecting a 2.1% decline [3] Company Overview - Grupo Aeroportuario del Sureste operates 16 airports across the Americas, including nine in southeast Mexico and six in northern Colombia [5] - The company is a significant player in the airport industry, with its Cancun Airport being a major tourist destination [5] - ASUR is also a 60% joint venture partner in Aerostar Airport Holdings, which operates Luis Muñoz Marín International Airport in Puerto Rico [5]

The stock market has soared to an all-time high already in 2024, but that doesn't mean there aren't excellent long-term opportunities to be found. In this video, Fool.com contributors Matt Frankel and Tyler Crowe discuss two companies -- one you're probably familiar with, and one you may not have heard of -- that could be excellent "forever stocks" to add to your portfolio.*Stock prices used were the afternoon prices of March 7, 2024. The video was published on March 8, 2024. ...

Core Viewpoint - Grupo Aeroportuario del Sureste (ASUR) has announced its General Annual Ordinary Shareholders' Meeting scheduled for April 24, 2024, detailing the agenda and key reports to be discussed [1][2]. Group 1: Meeting Details - The Ordinary Annual General Shareholders' Meeting will take place at 10 a.m. on April 24, 2024, at the company's offices in Mexico City [2]. - Shareholders must be registered on the Company Shareholder Register by April 19, 2024, to attend the meeting [6][7]. Group 2: Agenda Items - The agenda includes the presentation and potential approval of the CEO's report for the fiscal year ended December 31, 2023, along with the independent auditor's report [3]. - Financial statements for the fiscal year ended December 31, 2023, will be presented, including individual and consolidated financial statements [3]. - A proposal for an ordinary net dividend of 10.926 pesos and an extraordinary net dividend of 10.00 pesos is to be discussed, payable in May and June 2024, respectively [4]. Group 3: Governance and Compliance - The meeting will address the ratification of the administration by the Board of Directors and the CEO for the fiscal year 2023, including the appointment of committee members [5]. - The company will also discuss compliance with tax obligations for the fiscal year ended December 31, 2022 [3]. Group 4: Company Overview - Grupo Aeroportuario del Sureste operates 16 airports across the Americas, including major airports in Mexico and Colombia, and is a significant player in the airport management sector [10].

Passenger traffic increased year-on-year by 5.7% in Mexico and 12.6% in Puerto Rico and decreased 3.4% in Colombia MEXICO CITY, March 6, 2024 /PRNewswire/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR), ASUR, a leading international airport group with operations in Mexico, the U.S. and Colombia, today announced that passenger traffic for February 2024 reached a total of 5.8 million passengers, representing an increase of 4.8% compared to February 2023. Passenger traffic presented ...

Financial Data and Key Metrics Changes - Total revenues increased nearly 5% to just over MXN 6 billion in Q4 2023, with Mexico accounting for 74% of revenues and posting a 6% increase [14] - Comparable consolidated EBITDA increased 1% to MXN 4.1 billion, with Mexico being the main driver of profitability [17] - The company ended the year with a strong cash position of nearly MXN 16 billion and a negative leverage ratio of 0.2x [18] Business Line Data and Key Metrics Changes - Aeronautical services in Mexico increased by 5%, while non-aeronautical services rose by 7%, reflecting higher passenger traffic [14] - Commercial revenues per passenger reached MXN 119, up 6% on a consolidated basis, with significant increases in Mexico and Colombia [16] - Colombia posted a mid-single-digit top line increase, supported by a 3% growth in aeronautical revenues and an 8% increase in non-aeronautical services [15] Market Data and Key Metrics Changes - Nearly 18 million passengers traveled across the airport network in Q4 2023, marking the highest level for a fourth quarter [11] - Total traffic for the year reached over 70 million passengers, with a 10% annual increase in Mexico and an 18% increase in Puerto Rico, partially offset by a nearly 10% decline in Colombia [11][12] - Domestic traffic in Mexico is experiencing initial effects from Pratt & Whitney engine problems, while traffic from the U.S. and Canada remains a key growth driver [12] Company Strategy and Development Direction - The company approved a 2024-2028 master development plan for Mexican airports, committing MXN 28.5 billion in CapEx, with 75% allocated to Cancun Airport [4][5] - The new MDP includes efficiency factor adjustments and a reduction in the technical assistance fee from 5% to 2.5% of EBITDA generated by Mexican operations [6][7] - Sustainability efforts include the installation of solar panels and achieving Level 2 certification under the Airport Carbon Accreditation program [8][9] Management Comments on Operating Environment and Future Outlook - Management noted that the reduction in air traffic movements at Mexico City Airport is expected to negatively impact domestic traffic in 2024 [12] - The company anticipates a recovery in Colombian traffic starting in March 2024 as local airlines resume operations [13] - Management expressed confidence in long-term opportunities supported by ongoing investments to enhance passenger travel experiences and expand commercial offerings [18] Other Important Information - The company completed negotiations with ITA, resulting in a reduced technical assistance fee [6] - The Supreme Court of Justice rejected an appeal related to the construction permit for Bavaro International Airport, impacting future projects in the Dominican Republic [7] Q&A Session Summary Question: Impact of Pratt & Whitney inspection on domestic traffic - Management indicated that domestic traffic is weaker due to Pratt & Whitney issues, with Volaris increasing load factors but resulting in fewer passengers overall [21] Question: Increase in operating expenses - The increase in expenses was primarily due to salary adjustments in Colombia, which had been deferred during the pandemic [22] Question: Details on Cancun projects - The company plans to invest MXN 21 billion in Cancun, with major projects including the expansion of Terminal 4 and reconstruction of Terminal 1 [25] Question: Update on Dominican Republic airport project - The project is on hold due to legal processes and a recent decree cancelling previous approvals [27] Question: Capital allocation and dividend policy - Management will review capital allocation and dividend proposals in March, with no fixed dividend policy currently in place [29][40] Question: Tourism bookings in southeastern Mexico - Strong bookings are observed from the U.S. and Canada, but domestic traffic is affected by issues at Mexico City Airport [44]

Total passenger traffic in 4Q23 increased 1.1% YoY MEXICO CITY, Feb. 26, 2024 /PRNewswire/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR) (ASUR), a leading international airport group with operations in Mexico, the U.S., and Colombia, today announced results for the three- and twelve-month month periods ended December 31, 2023. 4Q23 Highlights1 Total passenger traffic increased 1.1% year-over-year. By country of operations, 4Q23 passenger traffic showed the following YoY variatio ...

For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Grupo Aeroportuario del Sureste (ASR) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Grupo Aeroportuario del Sureste is one of 133 individual stocks in the Transportation sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individu ...

Core Insights - Grupo Aeroportuario del Sureste (ASUR) reported a total passenger traffic of 6.3 million in January 2024, reflecting a year-on-year increase of 0.5% compared to January 2023 [1][2] - Passenger traffic in Mexico increased by 2.6%, while Puerto Rico saw an increase of 8.2%. Conversely, Colombia experienced a decline of 10.1% in passenger traffic [2][3] - The growth in passenger traffic in Mexico and Puerto Rico was primarily driven by international traffic, which increased by 6.3% and 23.1% respectively, while domestic traffic showed a decrease in Mexico and an increase in Puerto Rico [2][4] Passenger Traffic Summary - In Mexico, domestic traffic decreased by 2.2% to 1,623,154 passengers, while international traffic increased by 6.3% to 2,248,581 passengers [3][4] - San Juan, Puerto Rico, reported a total of 1,113,130 passengers, marking an 8.2% increase, with domestic traffic rising by 6.7% and international traffic by 23.1% [5][6] - Colombia's total passenger traffic was 1,331,781, reflecting a 10.1% decrease, with domestic traffic down by 14.1% and international traffic up by 6.6% [2][5] Airport Operations - ASUR operates 16 airports across the Americas, including nine in southeast Mexico and six in northern Colombia, with Cancun Airport being the most significant tourist destination [6][7] - The company is also a 60% joint venture partner in Aerostar Airport Holdings, which operates Luis Muñoz Marín International Airport in San Juan, Puerto Rico [6][7]