Grupo Aeroportuario Del Centro Norte, S.A.B. De C.V. (OMAB) Q2 2025 Earnings Call Transcript

Passenger Traffic OMA's passenger traffic totaled 7.2 million, an 11% increase year-over-year. Domestic passenger traffic grew by 10%, driven by Monterrey Airport, while international passenger traffic increased by 19%, also led by Monterrey Airport.

Aeronautical Revenues Aeronautical revenues increased 17% year-over-year, driven by higher aeronautical yields and increased domestic and international passenger traffic.

Commercial Revenues Commercial revenues grew 20% year-over-year, with commercial revenue per passenger increasing by 8% to MXN 62. Growth was mainly driven by restaurants, parking, VIP lounges, and retail.

Adjusted EBITDA Adjusted EBITDA increased 19% year-over-year to MXN 2.6 billion, with an adjusted EBITDA margin of 74.6%.

Capital Expenditures Total investments, including MDP investments, major maintenance, and strategic investments, amounted to MXN 965 million in the quarter.

Construction Revenues Construction revenues increased 64.7% year-over-year to MXN 916 million, driven by increased MDP investments.

Diversification Revenues Diversification activities increased 11% year-over-year, with industrial services contributing most to this growth. Industrial services grew over 100% due to an increase in leased square meters in the industrial park.

Hotel Services Revenue Revenue from hotel services increased 4% year-over-year to MXN 112 million, driven by higher average run rates, partially offset by lower occupancy rates.

Consolidated Net Income Consolidated net income was MXN 1.3 billion, a 3.8% increase year-over-year.

Cash Position Cash generated from operating activities was MXN 1.8 billion, while investing activities used MXN 575 million. Financing activities resulted in a net cash outflow of MXN 138 million, leaving a cash position of MXN 3.4 billion at the end of the quarter.