What Grupo Aeroportuario del Sureste (ASR) Said on Its Q3 Earnings Call
Grupo Aeroportuario del Sureste (NYSE:ASR) reported third-quarter results marked by the September acquisition of CPC Aeroportos, which added 20 airports to its portfolio and expanded the company’s presence in Brazil, Ecuador, Costa Rica and Curaçao. Chief Executive Officer Adolfo Castro said the ac Grupo Aeroportuario del Sureste (ASR) has reported its third quarter results, largely due to the acquisition of CPC Aeroportsos, which added 20 airports to its portfolio and expanded its presence in Brazil, Ecuador, Costa Rica and Curaçao. This acquisition, along with the purchase of U.S. commercial operations, has transformed ASUR into an airport operator spanning 36 airports in seven countries, plus commercial operations at three U.M. airports. Total passenger traffic declined 1.2% year over year to 20.9 million passengers, including nearly 4 million passengers contributed by Brazil and Others. Passenger volumes to and from the U.K., Europe and South America declined 14.9%, 14.4% and 7.9% respectively, while Canadian traffic increased 5.7%. Looking ahead, ASUR remains cautious on the outlook for Mexico's international market.
Publicado : hace 17 horas por MarketBeat en Business
Grupo Aeroportuario del Sureste NYSE: ASR reported third-quarter results marked by the September acquisition of CPC Aeroportos, which added 20 airports to its portfolio and expanded the company’s pres... [8132 symbols]
Temas: Markets, Earnings Calls
