Third Quarter 2024 Earnings Call Presentation Third Quarter 2024 Disclaimer and Forward-Looking Statement | --- | --- | --- | |-------|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Exhibit 99.1 Our cash flow generation and healthy balance sheet provide a solid foundation, positioning us well to continue to support our operations and pursue strategic opportunities. We are progressing with the approvals for the Capex program in Armenia and the master plan for Florence Airport in Italy, while actively assessing new projects across dif erent geographies. We are also undertaking several investment projects to further enhance commercial revenues, including a new covered parking facility at ...

I specialize in analyzing individual stocks. With a strong educational background in both finance and economics, I’ve developed a deep fascination with the stock market and the potential it offers to investors at all levels. I keep a close watch on market trends, particularly in the tech sector. My investment philosophy centers on simplicity, as I believe that while complex analysis can be valuable, fundamental financial ratios and metrics often provide the clearest insights. I write for Seeking Alpha to co ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

Financial Data and Key Metrics Changes - Total revenues ex-IFRIC12 remained stable year-on-year despite lower passenger traffic, with aeronautical revenues up 3% driven by higher international passenger traffic in Italy, Uruguay, and Argentina [10][11] - Adjusted EBITDA ex-IFRIC12 declined 9% year-on-year to $136 million, primarily due to challenges in Argentina, although Italy and Uruguay showed double-digit growth in adjusted EBITDA [12][14] - Total cost and expenses ex-IFRIC12 increased 6% year-on-year, reflecting inflationary pressures in Argentina [12] Business Line Data and Key Metrics Changes - Revenues per passenger ex-IFRIC12 increased 9% year-on-year to $20.1, indicating effective adaptation to market dynamics [11] - Commercial revenues decreased 3% year-on-year, impacted by lower cargo and duty-free revenues in Argentina [11] - Cargo volumes increased in the mid-single digits year-on-year, but cargo revenues declined 13% due to lower revenues in Argentina [9] Market Data and Key Metrics Changes - Total passenger traffic declined 5% year-on-year, with a 15% contraction in domestic traffic in Argentina, while international traffic increased by 8% [5][7] - In Italy, passenger traffic grew 14% year-on-year, driven by a 17% rise in international traffic [6] - In Uruguay, traffic increased by 11% due to new routes and frequencies [6] Company Strategy and Development Direction - The company is negotiating a $400 million CapEx plan with the Armenian government and seeking approval for a new master plan for Florence Airport in Italy [16] - The company is assessing expansion projects across various geographies to pursue value creation [16] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism regarding the positive dynamics in Uruguay and Italy continuing throughout the year, while domestic traffic in Argentina is expected to remain soft due to recession [17] - Recent open skies bilateral agreements are expected to enhance flexibility and stimulate growth in Argentina's aeronautical activities [17] Other Important Information - The company closed the quarter with a total liquidity position of $549 million, up $91 million from year-end 2023 [13] - The net leverage ratio improved to 1.1 times, down from 1.4 times at year-end [13] Q&A Session Summary Question: Update on discussions with airlines regarding new routes and higher frequency due to deregulation - Management is positive about the effects of deregulation and bilateral agreements on traffic growth, expecting significant long-term benefits [19][20] Question: Development of the cost base in Argentina for the rest of the year - Cost trends are expected to soften in the third quarter, with adjustments needed due to inflation [22] Question: Investment opportunities beyond Nigeria and Armenia - The company submitted a proposal for Luanda Airport in Angola and pre-qualification documents in Saudi Arabia, with other opportunities being explored [24] Question: Update on tariff discussions in Argentina - Domestic tariffs are expected to be adjusted soon, with a rebalancing of the economic equilibrium of the concession anticipated by the end of the year [28][30] Question: Update on the master plan discussion in Italy - The process is active, with a deadline for responses to questions set for October [29]

Second Quarter 2024 Earnings Call Presentation August 22, 2024 Second Quarter 2024 Disclaimer and Forward-Looking Statement | --- | --- | --- | |-------|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Corporacion America (NYSE:CAAP) just reported results for the second quarter of 2024. Corporacion America reported earnings per share of 31 cents. This was below the analyst estimate for EPS of 32 cents. The company reported revenue of $416.20 million. This was 5.80% worse than the analyst estimate for revenue of $441.82 million. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including ...

Exhibit 99.1 Condensed Consolidated Interim Financial Statements At June 30, 2024 presented in comparative format Index Glossary of terms Condensed Consolidated Interim Financial Statements Consolidated Statements of Comprehensive Income Consolidated Statements of Financial Position Consolidated Statements of Changes in Equity Consolidated Statements of Cash Flows Notes to the Condensed Consolidated Interim Financial Statements Summary of Information requested by Resolution N° 368/01 of the National Securit ...

It's not been a great year for transportation stocks. There are several reasons for this. For one, the transportation ETF has investments in airlines and electric vertical takeoff and landing (eVTOL) companies, both of which have seen heavy volatility recently. In addition, broader macroeconomic concerns have caused investors to worry about falling freight volumes for cargo transportation companies. FedEx (NYSE:FDX) is a gigantic transportation company primarily engaged in parcel delivery services. With ann ...

Franco Ercolino/iStock Editorial via Getty Images Airport stocks are part of my coverage which includes aerospace, defense, airlines, airplane and engine lessors and airlines providing one of the broadest coverages available on Seeking Alpha for aerospace & defense and all related industries. In each of these industries, I am expanding my coverage. In this report, I am expanding my coverage for airport stocks by adding Corporacion America Airports (NYSE:CAAP) to my coverage. I believe that airport stocks pr ...