Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) (BMV:GAP) (“the Company” or “GAP”) reported its consolidated results for the third quarter ended September 30, 2014. Figures are unaudited and have been prepared in accordance with International Financial Reporting Standards (“IFRS”), issued by the International Accounting Standards Board (“IASB”). All amounts are presented in nominal pesos.
Summary of 3Q14 vs. 3Q13:
- The sum of aeronautical and non-aeronautical revenues increased Ps. 58.3 million, or 6.4%. Total revenues increased Ps. 50.6 million, or 3.8%.
- Cost of services increased Ps. 12.9 million, or 4.4%, compared to 3Q13.
- Operating Income increased Ps. 63.1 million, or 10.7%.
- EBITDA increased Ps. 65.9 million, or 8.1%, in 3Q14 compared to 3Q13. EBITDA margin (excluding the effects of IFRIC 12) increased from 67.5% in 3Q13 to 67.8% in 3Q14.
- Net income and comprehensive income increased by Ps. 69.1 million, or 14.9%.
For the full version of this report please visit www.aeropuertosgap.com.mx
Grupo Aeroportuario del Pacifico, S.A.B. de C.V. Announces Results for the Third Quarter 2014
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