Grupo Aeroportuario del Pacifico, S.A.B. de C.V. Announces Results for the First Quarter 2014

GUADALAJARA, Jalisco, Mexico--()--Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)(BMV:GAP) (“the Company” or “GAP”) reported its consolidated results for the first quarter ended March 31, 2014. Figures are unaudited and have been prepared in accordance with International Financial Reporting Standards (“IFRS”), issued by the International Accounting Standards Board (“IASB”). All amounts are presented in nominal pesos.

Summary of First Quarter 2014 vs. First Quarter 2013:

  • The sum of aeronautical and non-aeronautical revenues increased Ps. 170.8 million, or 14.4%. Total revenues increased Ps. 130.0 million, or 10.0%.
  • Cost of services increased Ps. 8.5 million, or 3.3%, compared to 1Q13.
  • Operating Income increased Ps. 148.2 million, or 24.4%.
  • EBITDA increased Ps. 151.4 million, or 18.3%, in 1Q14 compared to 1Q13. EBITDA margin (excluding the effects of IFRIC 12) increased from 69.9% in 1Q13 to 72.2% in 1Q14.
  • Net income and comprehensive income in 1Q14 increased by Ps. 112.3 million, or 20.9%.

For the full version of this report please visit www.aeropuertosgap.com.mx

Contacts

In Mexico
Raul Revuelta Musalem, Chief Financial Officer
Miguel Aliaga, Institutional Relations Officer
Grupo Aeroportuario del Pacífico, S.A.B. de C.V.
Tel: 01 (33) 38801100 ext 202
maliaga@aeropuertosgap.com.mx
or
In the U.S.
Maria Barona
Rafael Borja
i-advize Corporate Communications
Tel: 212 406 3691 / 3693
gap@i-advize.com
or
For more information please visit www.aeropuertosgap.com.mx
or
Follow us at: http://twitter.com/aeropuertosGAP

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Contacts

In Mexico
Raul Revuelta Musalem, Chief Financial Officer
Miguel Aliaga, Institutional Relations Officer
Grupo Aeroportuario del Pacífico, S.A.B. de C.V.
Tel: 01 (33) 38801100 ext 202
maliaga@aeropuertosgap.com.mx
or
In the U.S.
Maria Barona
Rafael Borja
i-advize Corporate Communications
Tel: 212 406 3691 / 3693
gap@i-advize.com
or
For more information please visit www.aeropuertosgap.com.mx
or
Follow us at: http://twitter.com/aeropuertosGAP