GAP Airports reports Q1 EBITDA MXN4.6B, down 1% from last year

The company states: “In 1Q24, the generation of positive net cash flow from operating activities continued for Ps. 4,534.4 million. The Company reported a financial position of cash and cash equivalents as of March 31, 2024, of Ps. 11,541.6 million. In 1Q24, the Company issued long-term bond certificates worth Ps. 3,000.0 million. The proceeds were used to pay the bond certificate “GAP 19″ which matured on March 22, 2024. During 1Q24, total passengers at the Company’s 14 airports increased by 16.4 thousand passengers, an increase of 0.1%, compared to 1Q23.”