Grupo Aeroportuario del Pacifico SAB de CV Class B ( (GPAEF) ) has released its Q1 earnings. Here is a breakdown of the information Grupo Aeroportuario del Pacifico SAB de CV Class B presented to its investors.
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Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports across Mexico’s Pacific region and two in Jamaica, providing both aeronautical and non-aeronautical services. The company is listed on the New York and Mexican Stock Exchanges.
In the first quarter of 2025, GAP reported a significant increase in total revenues, which rose by 30.1% compared to the same period in the previous year. This growth was driven by increases in both aeronautical and non-aeronautical services, as well as improvements to concession assets.
Key financial highlights include a 21.1% increase in EBITDA, reaching Ps. 5,628.8 million, despite a slight decline in the EBITDA margin. The company also saw a 15.7% rise in net income, and comprehensive income grew by 30.0%, reflecting strong operational performance.
Passenger traffic increased by 4.2% across GAP’s 14 airports, with notable growth in domestic routes. The company also expanded its route offerings with new domestic and international flights, enhancing connectivity and service offerings.
Looking ahead, GAP’s management remains focused on strategic investments and operational improvements to sustain growth and enhance shareholder value, while navigating the challenges of currency fluctuations and cost management.