Corporación América Airports S.A. (NYSE:CAAP) Q1 2024 Earnings Conference Call May 23, 2024 10:00 AM ET Company Participants Patricio Iñaki Esnaola - Head of Investor Relations MartÃn Antranik Eurnekian - CEO Jorge Arruda - CFO Conference Call Participants Alejandro Demichelis - Jeffries Pedro Maulhardt - Latin Securities Stephen Trent - Citigroup Inc. Operator Good morning and welcome to the Corporación América Airports First Quarter 2024 Conference Call. A slide presentation accompanies today's webcast an ...

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Pgiam/iStock via Getty Images Investment Synopsis Following our last publication on Corporación América Airports S.A. (NYSE:CAAP) in January titled "Excellent Growth On Incremental Capital," shares of the airport operator have lifted 20%. It is time for a review of the investment case. Now following the company's FY'23 annual numbers, the investment runway has extended for CAAP in my view. It posted FY'23 revenues of $1.25Bn, growing 220bps YoY on operating income of $540.6mm, 38.6% margin. Note, these ...

Notes to the Condensed Consolidated Interim Financial Statements At March 31, 2024 presented in comparative format (Contd.) The Company owns 70% of the capital and votes of Texelrio S.A. whose corporate purpose is, among others, to develop, operate and manage all kinds of services related to maintenance of parks and airports. Application of those standards is mandatory for the Company as from the fiscal year beginning on January 1 2012. Therefore, the transition date, as established in the IFRS 1 "First Tim ...

Our ability to obtain additional capital on acceptable terms is subject to a variety of uncertainties, including: ● conditions of the U.S. capital markets and other capital markets in which we may seek to raise funds; ● our future results of operations and financial condition; ● government regulation of foreign investment in the United States, Europe, and Latin America; and ● global economic, political, and other conditions in jurisdictions in which we do business. Our business and results of operations may ...

Annual Report and Individual Financial Statements at December 31, 2023 presented in comparative format | --- | |-----------------------------------------------------------------| | Index | | | | Glossary | | Memory | | Corporate Governance Code Report | | Individual Financial Statements | | Separate Comprehensive Income Statements | | Separate Statements of Financial Position | | Separate Statements of Changes in Assets | | Separate Cash Flow Statements | | Notes to the Individual Financial Statements | | A ...

Company Participants Operator Thank you. Good morning, everyone and thank you for joining us today. Speaking during today's call will be Martin Eurnekian, our Chief Executive Officer and Jorge Arruda, our Chief Financial Officer. Thank you, Inaki, Hello everyone, and welcome to our fourth quarter 2023 earnings call. We appreciate you joining us today and look forward to providing additional perspective on our strong finish to the year. Now moving on to some color by countries. Armenia remains the leader in ...

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”), one of the leading private airport operators in the world, reported today a 5.4% year-on-year (YoY) increase in passenger traffic in February 2024, reaching 92.8% of February 2019 levels. Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2024 vs. 2023)     Statistics Feb'24 Feb'23 % Var.   YTD’24 YTD'23 % Var. Domestic Passengers (thousands) 3,219 3 ...

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), one of the leading private airport operators in the world, today announced that it will report its Fourth Quarter 2023 results on Wednesday, March 20, after market closes. We remind all participants to connect through the telephone in order to ask questions. Earnings Release Wednesday, March 20, 2024 Time: After Market Closes Conference Call Thursday, March 21, 2024 Time: 10:00 am Eastern Time Executives Mr. Martín Eurnekian, Ch ...

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”), one of the leading private airport operators in the world, reported today a 2.0% year-on-year (YoY) increase in passenger traffic in January 2024, reaching 91.7% of January 2019 levels. Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2024 vs. 2023) Statistics Jan'24 Jan'23 % Var. Domestic Passengers (thousands) 3,610 3,639 -0.8% International Passenge ...