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Grupo Aeroportuario Reveals Q1 2024 Financials
Company Announcements

Grupo Aeroportuario Reveals Q1 2024 Financials

Grupo Aeroportuario Del Pacifico (PAC) has released an update.

Grupo Aeroportuario del Pacifico, a leading airport group in Mexico, announced a mixed financial picture for the first quarter of 2024, with a slight increase in total revenues by 1.9%, but a decrease in EBITDA by 1.0%. Additionally, the company successfully issued long-term bond certificates, generating positive cash flow and increasing its cash position. Despite a marginal increase in passenger traffic, the results reflect both growth and financial challenges in the airport industry.

For further insights into PAC stock, check out TipRanks’ Stock Analysis page.

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