ASUR ANNOUNCES 4Q25 RESULTS

Core Insights - Grupo Aeroportuario del Sureste (ASUR) reported a total passenger traffic increase of 0.9% year-over-year (YoY) for Q4 2025, with notable variations across its operational regions [1][2] Financial Highlights - Total revenue for Q4 2025 reached 10,969.1 million pesos, a 21.6% increase from the previous year [1] - Net income decreased by 21.9% YoY to 2,804.9 million pesos, with earnings per share dropping to 199.04 pesos [1] - Capital expenditures (Capex) rose significantly by 54.0% YoY to 3,899.3 million pesos [1] - Cash and cash equivalents decreased by 44.6% to 11,116.3 million pesos, while net debt increased dramatically to 16,370.2 million pesos [1] Operational Highlights - Passenger traffic in Colombia increased by 5.7%, driven by a 9.6% rise in international traffic and a 4.6% increase in domestic traffic [1] - In Puerto Rico, passenger traffic decreased by 3.1%, primarily due to a 4.2% drop in domestic traffic, despite a 5.0% increase in international traffic [1] - Mexico saw a marginal increase of 0.1% in passenger traffic, with a 0.7% rise in international traffic offset by a 0.5% decline in domestic traffic [1] Commercial Performance - Commercial revenues per passenger (PAX) showed slight increases across regions, with Mexico at 159.0 pesos, San Juan at 159.4 pesos, and Colombia at 56.4 pesos [1] - The overall commercial revenue per passenger increased by 1.1% YoY [1] Company Overview - ASUR operates 16 airports across the Americas, including major airports in Mexico and Colombia, and holds a 60% interest in Aerostar Airport Holdings, which operates Luis Muñoz Marin International Airport in Puerto Rico [2] - The company has expanded into airport commercial services through ASUR US, enhancing retail and passenger experiences at major U.S. hubs [2]