TheGridNet
The Playa del Carmen Grid Playa del Carmen

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 its third-quarter results, largely due to the acquisition of CPC Aeroportsos, which added 20 airports to its portfolio and expanded 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.

What Grupo Aeroportuario del Sureste (ASR) Said on Its Q3 Earnings Call

Publicados : 22 horas atrás por Stephan Jacobs no 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... [7183 symbols]


Tópicos: Markets, Earnings Calls

Read at original source