Grupo Aeroportuario del Pacifico Announces Results for the Second 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 June 30, 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 2Q18 vs. 2Q17

  • The sum of aeronautical and non-aeronautical services revenues increased by Ps. 378.5 million, or 13.8%. Total revenues increased by Ps. 347.8 million, or 11.2%.
  • Cost of services increased by Ps. 129.9 million, or 27.3%.
  • Operating income increased by Ps. 149.7 million, or 9.3%.
  • EBITDA increased by Ps. 186.0 million, or 9.5%. EBITDA margin (excluding the effects of IFRIC 12) decreased from 71.4% in 2Q17 to 68.7% in 2Q18.
  • Net income and comprehensive income increased by Ps. 562.0 million, or 56.9%.

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
svillareal@aeropuertosgap.com.mx
or
Alejandra Soto
IR and Financial Planning
asoto@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
svillareal@aeropuertosgap.com.mx
or
Alejandra Soto
IR and Financial Planning
asoto@aeropuertosgap.com.mx
or
i-advize Corporate Communications
Maria Barona
mbarona@i-advize.com