PAC - Grupo Aeroportuario del Pacifico GAAP EPADS of $2.36 revenue of Ps. 8.36B; updates FY23 guidance

2023-07-25 01:28:26 ET

• Grupo Aeroportuario del Pacifico press release ( NYSE: PAC ): Q2 GAAP EPADS of $2.36.
• Revenue of Ps. 8.36B (+26.5% Y/Y).
• EBITDA increased by Ps. 495.1 million, or 12.1%, an increase from Ps. 4,081.7 million in 2Q22 to Ps. 4,576.8 million in 2Q23. EBITDA margin went from 72.4% in 2Q22 to 70.4% in 2Q23.
• The company reported a financial position of cash and cash equivalents as of June 30, 2023, of Ps. 14,920.9 million.
• During 2Q23, total passengers at the company’s 14 airports increased by 1,792.4 thousand passengers, an increase of 12.7%, compared to 2Q22.
• The company updates the growth guidance for the year 2023 : Passenger traffic of 10% - 12%; Total Revenue of 14% - 16%; EBITDA of 12% - 14%; Capex of Ps. 11.9 billion.

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