Grupo Aeroportuario Del Sureste ( (ASR) ) has released its Q3 earnings. Here is a breakdown of the information Grupo Aeroportuario Del Sureste presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) is a prominent international airport group operating in Mexico, the United States, and Colombia, specializing in managing and developing airport facilities. The company is recognized for its strategic expansions and diverse geographical presence.
In its latest earnings report for the third quarter of 2025, ASUR reported a modest increase in total passenger traffic by 0.4% year-over-year, with notable growth in Colombia and Puerto Rico, offsetting a slight decline in Mexico. The company also highlighted a significant revenue increase of 17.1% year-over-year, driven largely by construction services.
Key financial metrics revealed a mixed performance, with consolidated EBITDA declining by 1.3% to Ps.4,639.4 million, while net income saw a substantial drop of 36.4% to Ps.2,211.3 million. The company’s strategic move to acquire airport retail concessions in major U.S. airports for $295 million marks its entry into the U.S. commercial airport operations, expected to close in the fourth quarter of 2025.
Despite the challenges, ASUR maintains a strong financial position with a cash reserve of Ps.16,259.3 million and a low debt-to-EBITDA ratio of 0.2x. The management remains focused on strategic growth and operational efficiency, anticipating continued expansion and adaptation to market dynamics.