The earnings call highlighted significant achievements in commercial revenue growth and strategic expansions. However, the decline in passenger traffic and aeronautical revenue, along with rising operational expenses, pose challenges. Despite these challenges, the company's strong financial position and strategic investments suggest resilience.
Company Guidance
During the Q3 2024 earnings call for Grupo Aeroportuario del Pacífico (GAP), several key metrics and strategic plans were discussed. The company outlined a CapEx commitment of MXN 43.2 billion for the 2025-2029 Master Development Plan, with 40% allocated to terminal buildings, resulting in a 54% increase in terminal space. Despite a 5.7% decline in passenger traffic due to ongoing Pratt & Whitney engine inspections, GAP achieved a 39% increase in non-aeronautical revenues, driven by strategic expansions and business acquisitions. The company reported an EBITDA margin of 67%, a 6% overall revenue increase, and maintained a healthy financial position with cash and cash equivalents of MXN 15.8 billion. GAP's strategy includes gradually implementing a new tariff over 15 months, reflecting adjustments based on the weighted average cost of capital. Looking ahead, GAP anticipates a 5% growth in traffic for 2025, despite challenges from engine recalls, and plans further investments in infrastructure and commercial ecosystems to sustain growth.
Master Development Plan Approval
Approval of the 2025-2029 Master Development Plan for the 12 Mexican airports under maximum tariff, with a total CapEx commitment of MXN 43.2 billion.
Commercial Revenue Growth
39% increase in non-aeronautical revenues, driven by strategic expansion and business acquisitions.
Financial Health
Maintained a healthy balance sheet with cash and cash equivalents totaling MXN 15.8 billion and a net debt-to-EBITDA ratio of 1.8x.
New Routes and Expansions
Opened 2 international routes, including Guadalajara to Toronto and resumed Tijuana to Beijing, along with new partnerships in car rentals and VIP lounges.
Grupo Aeroportuario del Pacifico SAB de CV (GPAEF) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GPAEF Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Apr 28, 2025
$20.58
$20.05
-2.58%
Feb 20, 2025
$20.08
$20.46
+1.89%
Oct 21, 2024
$16.96
$17.10
+0.83%
Jul 22, 2024
$15.55
$15.96
+2.64%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Grupo Aeroportuario del Pacifico SAB de CV Class B (GPAEF) report earnings?
Grupo Aeroportuario del Pacifico SAB de CV Class B (GPAEF) is schdueled to report earning on Jul 28, 2025, TBA Not Confirmed.
What is Grupo Aeroportuario del Pacifico SAB de CV Class B (GPAEF) earnings time?
Grupo Aeroportuario del Pacifico SAB de CV Class B (GPAEF) earnings time is at Jul 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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