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 acquisition, together with ASUR’s December 2025 purchase of U.S. commercial operations, has reshaped […] Grupo Aeroportuario del Sureste (ASR) reported a disappointing third-quarter results, with the acquisition of CPC Aeroportsos adding 20 airports to its portfolio and expanding its presence in Brazil, Ecuador, Costa Rica and Curaçao. The 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. Non-aeronautical revenue excluding construction revenue increased nearly 13% to 7.8 billion Mexican pesos.
Yayınlanan : 21 saat önce ile Grant Hamersma içinde 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 pre... [6908 symbols]
Konular: Baseball, Markets, Earnings Calls
