Grupo Aeroportuario del Centro Norte(OMAB)

Search documents
Grupo Aeroportuario del Centro Norte(OMAB) - 2020 Q4 - Annual Report
2021-04-30 15:33
Table of Contents 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, 2020 | | | --- | --- | | Commission file number: 1-33168 | | | Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. | | | (Exact name of Registrant as specified in its charter) | | | Central North Airport Group | | | (Translation of Registrant's name into English) | | | United Mexica ...
Grupo Aeroportuario del Centro Norte(OMAB) - 2021 Q1 - Earnings Call Transcript
2021-04-28 20:02
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) Q1 2021 Results Earnings Conference Call April 28, 2021 11:00 AM ET Company Participants Emmanuel Camacho - Investor Relations Officer Ricardo Dueñas - Chief Executive Officer Ruffo Pérez Pliego - Chief Financial Officer Conference Call Participants Alejandro Zamacona - Credit Suisse Pablo Monsiváis - Barclays Andressa Varotto - UBS Gabriel Himelfarb - Scotiabank Operator Greetings and welcome to the Grupo Aeroportuario del Centro Norte Firs ...
Grupo Aeroportuario del Centro Norte(OMAB) - 2020 Q4 - Earnings Call Transcript
2021-02-16 21:37
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) Q4 2020 Results Earnings Conference Call February 16, 2021 11:00 AM ET Company Participants Emmanuel Camacho - Investor Relations Officer Ricardo Dueñas - Chief Executive Officer Ruffo Pérez Pliego - Chief Financial Officer Conference Call Participants Alejandro Zamacona - Credit Suisse Mauricio Martinez - GBM Rodolfo Ramos - Bradesco BBI Steve Trent - Citi Alan Macias - Bank of America Gabriel Himelfarb - Scotiabank Guilherme Mendes - JPMor ...
Grupo Aeroportuario del Centro Norte(OMAB) - 2020 Q3 - Earnings Call Transcript
2020-10-22 06:22
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) Q3 2020 Earnings Conference Call October 21, 2020 9:30 AM ET Company Participants Emmanuel Camacho - Investor Relations Officer Ricardo Dueñas - Chief Executive Officer Ruffo Pérez Pliego - Chief Financial Officer Conference Call Participants Mauricio Martinez - GBM Ruben Lopez - Santander Alejandro Zamacona - Credit Suisse Steve Trent - Citi Rodolfo Ramos - Bradesco BBI Francisco Suarez - Scotiabank Marco Montanez - Vector Fernando Abdalla ...
Grupo Aeroportuario del Centro Norte(OMAB) - 2020 Q2 - Earnings Call Transcript
2020-07-23 19:24
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) Q2 2020 Earnings Conference Call July 23, 2020 11:00 AM ET Company Participants Emmanuel Camacho - IR Officer Ricardo Dueñas - CEO Ruffo Pérez Pliego - CFO Conference Call Participants Alejandro Zamacona - Crédit Suisse Mauricio Martinez - GBM Rodolfo Ramos - Bradesco BBI Andressa Varotto - UBS Investment Bank Operator Greetings, and welcome to the Grupo Aeroportuario del Centro Norte, OMA, Second Quarter 2020 Earnings Call. [Operator Instru ...
Grupo Aeroportuario del Centro Norte(OMAB) - 2020 Q1 - Earnings Call Transcript
2020-04-30 06:58
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) Q1 2020 Results Earnings Conference Call April 29, 2020 11:00 AM ET Company Participants | --- | |---------------------------------------------------------| | | | | | Emmanuel Camacho - IR Officer | | Ricardo Dueñas - CEO | | Ruffo Pérez Pliego - CFO | | Conference Call Participants | | Alejandro Zamacona - Credit Suisse Luis Yance - Compass | | Mauricio Martinez - GBM | | Ruben Lopez - Santander | | Andressa Varotto - UBS | | Alex Falcao - ...
Grupo Aeroportuario del Centro Norte(OMAB) - 2019 Q4 - Earnings Call Transcript
2020-02-14 19:56
Financial Data and Key Metrics Changes - OMA reported a 15.2% increase in adjusted EBITDA for Q4 2019, with an adjusted EBITDA margin of 73.2% [6][28] - For the full year, adjusted EBITDA margin reached 73.5%, with a 2.3% decrease in costs for airport services and G&A [7][8] - Cash flow from operations for the year was MXN 3.7 billion, reflecting strong operational performance [9][29] Business Line Data and Key Metrics Changes - Aeronautical revenues increased by 10% in Q4 2019, driven by a 7.6% growth in passenger traffic [22] - Non-aeronautical revenues grew by 9.8%, with commercial revenues contributing significantly, increasing by 10.2% [22][23] - Diversification revenues rose by 7%, primarily from OMA Cargo and the Industrial Park [12][26] Market Data and Key Metrics Changes - Passenger traffic reached 5.9 million in Q4 2019, up 7.6%, with significant contributions from VivaAerobus and Volaris [10] - Total available seats increased by 8%, with key routes showing a combined growth of 2% in Q4 2019 compared to the previous year [11] Company Strategy and Development Direction - OMA is investing MXN 4.2 billion in the Monterrey International Airport expansion project, expected to increase annual capacity from 11.6 million to 16.5 million passengers [15][18] - The company is negotiating its 2021-2025 master development program, with total investments projected between MXN 14 billion and MXN 15 billion [19][37] Management's Comments on Operating Environment and Future Outlook - Management noted that the Mexico City airport is at full capacity, which may drive airlines to seek alternatives, benefiting OMA's airports [40][41] - The company aims to maintain its adjusted EBITDA margin around 73.5% while continuing to identify cost-cutting initiatives [33] Other Important Information - OMA has achieved 40 consecutive quarters of growth in both aeronautical and non-aeronautical revenues [9] - The company implemented 24 commercial initiatives in Q4 2019, contributing to a commercial occupancy rate of 97.2% [12] Q&A Session Summary Question: Expected adjusted EBITDA margin for the year and long-term targets - Management aims to maintain the adjusted EBITDA margin at 73.5% and seeks to identify further efficiency improvements [33] Question: Overall investment expectations for the next master development program - Total investment is expected to be between MXN 14 billion and MXN 15 billion, with potential modifications based on airline feedback [37][38] Question: Impact of Mexico City airport capacity constraints on growth - Management acknowledged saturation at the Mexico City airport, suggesting growth will come from larger planes and increased traffic at OMA's airports [40][41] Question: Expectations regarding maximum tariff negotiations - Management indicated it is too early to provide specific tariff levels, as many variables are involved [46] Question: Impact of long weekends on traffic - Management believes the impact will be marginal as their airports are not heavily exposed to leisure traffic [51] Question: Situation with host airlines and payment measures - Management confirmed no issues with timely payments from airlines, with different payment terms in place [56]
Grupo Aeroportuario del Centro Norte(OMAB) - 2019 Q3 - Earnings Call Transcript
2019-10-18 17:16
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) Q3 2019 Earnings Conference Call October 18, 2019 12:00 PM ET Company Participants Emmanuel Camacho - Investor Relations Officer Ricardo Dueñas - Chief Executive Officer Ruffo Pérez Pliego - Chief Financial Officer Conference Call Participants Alan Macias - Bank of America. Mauricio Martinez - GBM Alejandro Zamacona - Crédit Suisse Armando Rodriguez - Signum Research Operator Greetings and welcome to the Grupo Aeroportuario del Centro Norte ...
Grupo Aeroportuario del Centro Norte(OMAB) - 2019 Q1 - Earnings Call Transcript
2019-04-26 21:42
Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (NASDAQ:OMAB) Q1 2019 Earnings Conference Call April 25, 2019 12:00 PM ET Company Participants Emmanuel Camacho - Investor Relations Officer Ricardo Duenas - Chief Executive Officer Ruffo Perez Pliego - Chief Financial Officer Conference Call Participants Mauricio Martinez - GBM Alan Macias - Bank of America Alejandro Zamacona - Credit Suisse Andres Nieto - Signum Research Marcos Barreto - Citi Operator Greetings. Welcome to Grupo Aeroportuario del Centro ...
Grupo Aeroportuario del Centro Norte(OMAB) - 2018 Q4 - Earnings Call Transcript
2019-02-12 20:30
Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (NASDAQ:OMAB) Q4 2018 Results Earnings Conference Call February 12, 2019 11:00 AM ET Company Participants Emmanuel Camacho - IR Officer Ricardo Dueñas - CEO Ruffo Pérez Pliego - CFO Conference Call Participants Alan Macias - Bank of America Mauricio Martinez - GBM Alejandro Zamacona - Credit Suisse Rogerio Araujo - UBS Samuel Alves - BTG Pactual Bruno Amorim - Goldman Sachs Stephen Trent - Citi Manuela Echavarria - Creditcorp Capital Ruben Lopez - Santande ...