Grupo Aeroportuario del Pacifico Announces Results for the First Quarter of 2018

GUADALAJARA, 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 quarter ended March 31, 2018. Figures are unaudited and have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”).

Summary of Results 1Q18 vs. 1Q17

  • The sum of aeronautical and non-aeronautical services revenues increased by Ps. 291.8 million, or 10.4%. Total revenues increased by Ps. 240.0 million, or 7.6%.
  • Cost of services increased by Ps. 33.8 million, or 7.0%.
  • Operating income increased by Ps. 209.1 million, or 12.8%.
  • EBITDA increased by Ps. 236.2 million, or 11.8%. EBITDA margin (excluding the effects of IFRIC 12) increased from 70.7% in 1Q17 to 71.7% in 1Q18.
  • Net income and comprehensive income increased by Ps. 52.8 million, or 5.1%.

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

Contacts

IR:
Grupo Aeroportuario del Pacífico, S.A.B. de C.V.
Saúl Villarreal
Chief Financial Officer
svillarreal@aeropuertosgap.com.mx
or
Paulina Sánchez
Investor Relations Manager
psanchez@aeropuertosgap.com.mx
or
i-advize Corporate Communications
Maria Barona
mbarona@i-advize.com

Contacts

IR:
Grupo Aeroportuario del Pacífico, S.A.B. de C.V.
Saúl Villarreal
Chief Financial Officer
svillarreal@aeropuertosgap.com.mx
or
Paulina Sánchez
Investor Relations Manager
psanchez@aeropuertosgap.com.mx
or
i-advize Corporate Communications
Maria Barona
mbarona@i-advize.com