EarningsQ2 2026 Earnings Report
DE:AEDA Q2 2026 EPS Results
Actual EPS€3.91
Consensus EPS€4.49
Beat/MissMissed by -€0.57
One Year Ago EPS€3.39
DE:AEDA Q2 2026 Revenue Results
Actual Revenue€491.47M
Expected Revenue€461.73M
Beat/MissBeat by +€29.74M
YoY Revenue Growth+23.37%
Earnings Announcement Details
QuarterQ2 2026
Date07/23/2026
TimeAfter Close
Conference CallThursday, July 23, 2026
DE:AEDA Upcoming Earnings
Grupo Aeroportuario del Sureste's next earnings date is estimated for October 22, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:AEDA Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
Mixed results: solid liquidity, improved consolidated EBITDA, higher non-aero revenues and clear strategic progress (Motiva pipeline, U.S. commercial rollout, proposed internalization, and shareholder dividends) contrast with notable operational headwinds — weaker traffic (notably Cancun and Puerto Rico), aeronautical revenue contraction, significant margin compression (‑560 bps), and rising Mexico operating costs. Management expects a recovery by winter and highlights long-term strategic benefits, but near-term pressures balance the positive items.Company Guidance
Strong cash generation and liquidity
Operating cash flow for the first half of 2026 was MXN 7.3 billion, up 21% year-over-year; cash and cash equivalents at quarter end were nearly MXN 12 billion and Net Debt/EBITDA was a conservative 0.9x LTM.
Consolidated EBITDA growth
Consolidated EBITDA rose nearly 9% year-over-year to MXN 4.6 billion, demonstrating resilience despite weaker traffic trends in some markets.
Net majority income increase
Net majority income increased 7% year-over-year to MXN 2.3 billion, helped by lower FX losses in Mexico and lower income tax expenses.
Non-aeronautical revenue strength and commercial progress
Non-aeronautical revenues increased nearly 10%; commercial revenues per passenger rose nearly 13% to MXN 153. The U.S. commercial business added MXN 444 million to non-aeronautical revenue, and ASUR completed a MXN/USD 125 million commercial transformation of JFK Terminal 8 with 60+ new concepts.
Strategic growth initiatives (Motiva and U.S. platform)
Motiva acquisition (pending approvals) would add a 20-airport portfolio across Brazil, Ecuador, Costa Rica and Curaçao handling ~45 million passengers annually and provide entry to Brazil. ASUR US provides exposure to 3 major U.S. airports (35M annual customers) and is positioned as a platform for further U.S. expansion.
Shareholder returns and capital allocation
Board proposed two extraordinary cash dividends of MXN 10 per share (Nov 24 and Dec 15), reflecting strong balance sheet and disciplined capital allocation.
Corporate simplification proposal (internalization of technical services)
Proposal to internalize ITA technical assistance and technology transfer services via a merger that would issue ~7.3 million new shares (~2.4% of current outstanding). ASUR recorded MXN 401 million in technical assistance fees in 2025 that would be eliminated as recurring external fees if approved.
DE:AEDA Earnings History
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