Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) (BMV:GAP) (“the Company” or “GAP”) reported its consolidated results for the second quarter ended June 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 2Q14 vs. 2Q13:

  • The sum of aeronautical and non-aeronautical revenues increased Ps. 185.7 million, or 16.2%. Total revenues increased Ps. 144.8 million, or 11.4%.
  • Cost of services increased Ps. 34.4 million, or 12.5%, compared to 2Q13.
  • Operating Income increased Ps. 133.3 million, or 24.0%.
  • EBITDA increased Ps. 135.6 million, or 17.5%, in 2Q14 compared to 2Q13. EBITDA margin (excluding the effects of IFRIC 12) increased from 67.5% in 2Q13 to 68.3% in 2Q14.
  • Net income and comprehensive income increased by Ps. 83.4 million, or 24.0%.

For the full version of this report please visit www.aeropuertosgap.com.mx