Grupo Aeroportuario del Pacífico reports USD89.3m EBITDA in 1Q2016

Grupo Aeroportuario del Pacífico (GAP) revenue up 59% - financial highlights for three months ended 31-Mar-2016:

• Revenue: MXN2764 million (USD153.4 million), +58.6% year-on-year;
• • Aeronautical: MXN1706 million (USD94.7 million), +53.8%;
  • Non-aeronautical: MXN578.7 million (USD32.1 million), +51.1%;
  • Improvements to concession assets: MXN479.3 million (USD26.6 million), +91.4%;
• EBITDA: MXN1608 million (USD89.3 million), +47.1%;
• Net profit: MXN956.9 million (USD53.1 million);
• Total assets: MXN33,944 million (USD1884 million);
• Cash and cash equivalents: MXN4886 million (USD271.2 million);
• Total liabilities: MXN10,755 million (USD597 million). [more - original PR]

*Based on the average conversion rate at MXN1 = USD0.0.55512
**1Q2015 results does not include Desarrollo de Concesiones Aeroportuarias (DCA), which GAP acquired on 20-Apr-2015