OMA announces Second Quarter 2016 Operational and Financial Results
25-Jul-2016 Mexican airport operator Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA (NASDAQ: OMAB; BMV: OMA), today reported its unaudited, consolidated results for the second quarter of 2016 (2Q16).
1 Second quarter 2016 summary
OMA generated solid results in the second quarter of 2016. The sum of aeronautical and non-aeronautical revenues rose 26.4%, as a result of initiatives to develop passenger traffic, optimize tariffs, improve commercial services, and strengthen diversification activities. Adjusted EBITDA rose 36.8% with an Adjusted EBITDA margin of 62.5%. Operating income rose 46.3% and net income increased 60.2%.
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