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29-Apr-2016 1:04 PM

Grupo Viva reports USD9.7m operating profit in 1Q2016

Grupo Viva revenue up 46% - financial highlights for three months ended 31-Mar-2016:

  • Total operating revenue: MXN1169 million (USD64.9 million), +46.0% year-on-year;
    • Passenger: MXN686.2 million (USD38.1 million), +44.2%;
  • Total operating costs: MXN993.9 million (USD55.2 million), +23.6%;
    • Fuel: MXN201.2 million (USD11.2 million), -24.0%;
    • Leases: MXN301.0 million (USD16.7 million), +87.4%;
  • Operating profit: MXN175.1 million (USD9.7 million), compared to a loss of MXN3.7 million (USD0.2 million) in p-c-p;
  • Net profit: MXN160.4 million (USD8.9 million), compared to a loss of MXN5.4 million (USD0.3 million) in p-c-p;
  • Passenger numbers: 1.2 million, +18.0%;
  • Passenger load factor: 81.9%, +2.7 ppts;
  • Revenue per ASK: MXN82.0 (USD 4.6 cents), +18.8%;
  • Cost per ASK: MXN69.7 (USD 3.9 cents), +0.6%;
  • Cost per ASK excl fuel: MXN 55.6 (USD 3.1 cents), +19.6%;
  • Total assets: MXN4513 million (USD250.5 million);
  • Cash and cash equivalents: MXN1823 million (USD101.2 million);
  • Total liabilities: MXN3410 million (USD189.3 million). [more - original PR - Spanish]

*Based on the average conversion rate at MXN1 = USD0.055512

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