OMA Announces First Quarter 2019 Operating and Financial Results
April 24 2019 - 6:15PM
Mexican airport operator Grupo Aeroportuario del Centro Norte,
S.A.B. de C.V., known as OMA (NASDAQ: OMAB; BMV: OMA), today
reported its unaudited, consolidated financial and operating
results for the first quarter 2019.
1Q19 Results Summary
- Passenger traffic grew 4.3%, reaching 5.1
million passengers.
- Capital investments and major maintenance
included in the Master Development Plans (MDPs) plus strategic
investments amounted Ps. 241 million for the quarter.
- Aeronautical revenues increased 9.9% and
Non-Aeronautical revenues grew 13.3%
- Adjusted EBITDA grew 18.4% and Net Income
increased 24.7%.
|
|
|
|
(Thousand Passengers and Million Pesos) |
1Q18 |
1Q19 |
% Var |
Passenger
Traffic |
4,901 |
5,114 |
4.3 |
Aeronautical Revenues |
1,204 |
1,323 |
9.9 |
Non-Aeronautical Revenues |
376 |
426 |
13.3 |
Aeronautical +
Non-Aeronautical Revenues |
1,580 |
1,749 |
10.7 |
Construction Revenues |
352 |
192 |
(45.3) |
Total Revenues |
1,932 |
1,942 |
0.5 |
Adjusted EBITDA |
1,072 |
1,270 |
18.4 |
Adjusted
EBITDA Margin (%) |
67.9% |
72.6% |
|
Income from
Operations |
945 |
1,128 |
19.4 |
Operating Margin (%) |
48.9% |
58.1% |
|
Consolidated
Net Income |
610 |
760 |
24.7 |
Net Income of
Controlling Interest |
608 |
757 |
24.4 |
EPS
(Ps.) |
1.55 |
1.92 |
24.4 |
EPADS (US$) |
0.67 |
0.79 |
17.7 |
MDP and Strategic Investments |
423 |
241 |
(43.0) |
|
|
|
|
OMA will hold its 1Q19 earnings
conference call on April 25, 2019 at 12 pm Eastern time, 11 am
Mexico City time.
Call 1-877-407-9208 toll-free from the U.S. or
1-201-493-6784 from outside the U.S. The conference ID is 13689621.
The conference call will also be available by webcast at
http://ir.oma.aero/events.cfm.
This report may contain forward-looking
information and statements. Forward-looking statements are
statements that are not historical facts. These statements are only
predictions based on our current information and expectations and
projections about future events. Forward-looking statements may be
identified by the words “believe,” “expect,” “anticipate,”
“target,” “estimate,” or similar expressions. While OMA's
management believes that the expectations reflected in such
forward-looking statements are reasonable, investors are cautioned
that forward-looking information and statements are subject to
various risks and uncertainties, many of which are difficult to
predict and are generally beyond the control of OMA, that could
cause actual results and developments to differ materially from
those expressed in, or implied or projected by, the forward-looking
information and statements. These risks and uncertainties include,
but are not limited to, those discussed in our most recent annual
report filed on Form 20-F under the caption “Risk Factors.” OMA
undertakes no obligation to update publicly its forward-looking
statements, whether as a result of new information, future events,
or
otherwise.
About OMA
Grupo Aeroportuario del Centro Norte,
S.A.B. de C.V., known as OMA, operates 13 international airports in
nine states of central and northern Mexico. OMA’s airports serve
Monterrey, Mexico’s third largest metropolitan area, the tourist
destinations of Acapulco, Mazatlán, and Zihuatanejo, and nine other
regional centers and border cities. OMA also operates the NH
Collection Hotel inside Terminal 2 of the Mexico City airport and
the Hilton Garden Inn at the Monterrey airport. OMA employs over
1,000 persons in order to offer passengers and clients airport and
commercial services in facilities that comply with all applicable
international safety, security, and ISO 9001:2008 environmental
standards. OMA is listed on the Mexican Stock Exchange (OMA)
and on the NASDAQ Global Select Market (OMAB). For more
information, visit:
- Webpage http://ir.oma.aero
- Twitter http://twitter.com/OMAeropuertos
- Facebook
https://www.facebook.com/OMAeropuertos
OMA’s complete earnings report is available
at http://ir.oma.aero/financial-information/quarterly-results
CONTACT:
Chief Financial OfficerRuffo Pérez Pliego+52
(81) 8625 4300rperezpliego@oma.aero
Investor Relations: Emmanuel Camacho +52 (81) 8625 4308ecamacho@oma.aero
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