Plus   Neg

OMA Q1 Profit Rises - Quick Facts

Mexican airport operator Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA (OMAB) reported that its first-quarter consolidated net income rose to 226 million Mexican pesos from last year's 184 Mexican pesos.

Earnings per share were $0.37 per American Depositary Share or ADS, up from $0.30 per ADS in the year ago quarter.

Total revenues for the quarter increased to 788 million Mexican pesos from 705 million Mexican pesos in the prior year quarter.

Terminal passenger traffic increased 4.6% to 3.0 million in the latest quarter; domestic traffic increased 5.1%, and international traffic increased 2.6%. Seven of the 15 airlines at our airports grew traffic in the quarter.

OMA expects that 2013 passenger traffic will increase approximately 3.5% to 4.5%, and expects that the sum of aeronautical and non-aeronautical revenues will increase approximately 8.0% to 10.0%. The Adjusted EBITDA margin for the full year is expected to be in the range 50.5% to 52.0%. Total MDP capex during 2013 is expected to be in the range of 700 million Mexican pesos to 800 million Mexican pesos.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Galaxy Entertainment Group (WYNN) Friday announced that it has agreed to purchase 5.3 million primary shares of Wynn Resorts Ltd. at a price of $175 a share, resulting in $927.50 million of gross proceeds to Wynn Resorts. The two sale, combined with a previous sale effectively eliminate ownership of founder and former CEO Steve Wynn in Wynn Resorts. Starbucks wants to be more efficient but it is risking the fragile loyalty of its most devoted customers. The ubiquitous chain plans a major push to get coffee lovers to use its mobile app to place their orders, but regulars prefer to buy their lattes by waiting in the queue. According to reports,... Taco Bell, the Mexican fast-food chain owned by Yum Brands Inc. (YUM), Thursday said it will start selling tortilla chips in grocery and convenience stores starting May. The chips will be available in Fire and Mild sauce packet flavors and also in a Classic flavor. "This launch of our first line...
comments powered by Disqus
Follow RTT