EarningsQ1 2026 Earnings Report
MX:DANHOS13 Q1 2026 EPS Results
Actual EPS$0.74
Consensus EPS$0.74
Beat/MissMet expectations
One Year Ago EPS$0.66
MX:DANHOS13 Q1 2026 Revenue Results
Actual Revenue$1.92B
Expected Revenue$1.95B
Beat/MissMissed by -$31.38M
YoY Revenue Growth+9.44%
Earnings Announcement Details
QuarterQ1 2026
Date04/23/2026
TimeTBA
Conference CallThursday, April 23, 2026
MX:DANHOS13 Upcoming Earnings
Concentradora Fibra Danhos SA de CV's next earnings date is estimated for October 22, 2026, based on past reporting schedules.
Q1 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q1 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q1 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated solid financial and operational performance: double‑digit growth in key profitability metrics (NOI +10%, EBITDA +11%), strong AFFO growth (~16%) and high occupancy (~92%) alongside a low‑leverage balance sheet and an AAA rating. Risks were noted around a concentrated wave of retail lease maturities (28%), an incomplete office recovery near the 80% mark, modest renewal spreads on a subset of leases (4.3%), flat consumer demand, and potential construction cost uncertainty. Overall, the positives (broad revenue/profit growth, portfolio expansion, low leverage and strong credit rating) materially outweigh the highlighted risks.Company Guidance
Revenue Growth
Total revenue increased 9.4% year‑over‑year in Q1 2026, driven by higher fixed rent, overage and parking revenues.
Fixed Rent and Ancillary Income Expansion
Fixed rent grew 8% YoY, supported by full contribution from Cuautitlan and Palomas industrial projects, indexation of leases and improved office occupancy. Overage revenue rose ~13% and parking revenue increased ~18% YoY.
Improved Profitability (NOI / EBITDA)
Net operating income rose 10% YoY and EBITDA increased 11% YoY, with margin improvements reported.
AFFO and Distribution
AFFO per CBFI was MXN 0.76 (total AFFO ≈ MXN 1.2 billion), up almost 16% YoY. Distribution set at MXN 0.45 per CBFI, representing a 59% payout ratio.
Portfolio Growth and Occupancy
Gross leasable area (GLA) of the operating portfolio increased 15% YoY. Overall occupancy rose by 220 basis points to nearly 92%.
Low Leverage and Credit Rating
Balance sheet leverage remains low at 13.6%. During the quarter, Fitch ratified a AAA rating for Fibra Danhos CBFIs and debt bond issuances.
Active Development Pipeline
CapEx pipeline gaining momentum: Palomas and EdoMex III industrial projects expected to deliver by year‑end; Parque Oaxaca and Nizuc progressing on schedule. Management continues to prioritize industrial development and land activation.
MX:DANHOS13 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