PAC earnings call for the period ending March 31, 2019.
News & Analysis: Grupo Aeroportuario del Pacifico
Previous commercial investments supported revenue this quarter as the airport holding company delivered earnings within range of full-year expectations.
Lower direct airport operating costs enabled higher margins last quarter.
PAC earnings call for the period ending September 30, 2018.
Grupo Aeroportuario del Pacifico Wins a New Airport Concession and Prepares for a Flurry of New Routes
The Mexican airport operator also reported solid passenger volume and double-digit revenue growth trends over the last three months.
The company managed a firm second-quarter showing despite atypically tepid growth in airports serving Mexican tourist destinations.
A look at important revenue and earnings drivers that the company identified for investors earlier this year.
The airport group's top line eased in the first quarter of the year, but continued momentum in terminal activity bodes well for full-year 2018.
The company closes out 2017 with solid, if not spectacular, growth in fourth-quarter airport terminal traffic.
These companies have near-monopolies (or real monopolies in some cases) that generate significant cash flows. But are they enough to make them worth investing in?