ASUR ANNOUNCES 1Q25 RESULTS

Core Insights - Grupo Aeroportuario del Sureste (ASUR) reported a significant increase in total revenue by 18.2% year-over-year (YoY) to Ps. 8,787.5 million for the first quarter of 2025, driven by strong performance in Puerto Rico and Colombia, while Mexico experienced a decline in passenger traffic [1][3][4] Financial Highlights - Total Revenue increased from Ps. 7,434.9 million in Q1 2024 to Ps. 8,787.5 million in Q1 2025, marking an 18.2% increase [3] - Revenue from Mexico rose by 14.6% to Ps. 6,472.2 million, while San Juan and Colombia saw increases of 27.9% and 31.6%, respectively [3][4] - Commercial revenues per passenger increased by 17.5% YoY to Ps. 146.8 [3][4] - EBITDA grew by 11.7% YoY to Ps. 5,724.8 million, with a slight decline in adjusted EBITDA margin from 71.4% to 70.0% [3][4] - Net income increased by 14.2% YoY to Ps. 3,638.2 million, with earnings per share rising to 11.7193 pesos [3][4] Operational Highlights - Passenger traffic overall increased by 0.2% YoY, with notable increases in Puerto Rico (10.6%) and Colombia (6.4%), while Mexico saw a decrease of 4.8% [1][4] - In Mexico, international traffic decreased by 7.5%, while domestic traffic saw a minor decline of 0.7% [4] - The cash position at the end of Q1 2025 was Ps. 22,681.2 million, with a net debt of Ps. (9,758.0 million) [3][4] Company Overview - ASUR operates 16 airports across the Americas, including major airports in Mexico and Colombia, and holds a 60% stake in Aerostar Airport Holdings, which operates Luis Muñoz Marín International Airport in Puerto Rico [11]