Mexico

Grupo Aeroportuario Centro Norte: Flash: Domestic traffic keeps driving growth

  • Oma’s total passengers in September increased 26.1%, above our 22.0% expectation

  • Domestic segment continued with solid growth of 29.9%y/y, while international remain practically unchanged 0.7% y/y

  • Favorable outlook is sustained by future growth and an attractive valuation; which confirms our buy recommendation

https://cdn.tellimer.com/providers/badge-banorte-EobAbKHtWMEQBCkEA6lSSX32TSXDmiYABBL7aTiF.png
Jose Itzamna Espitia Hernandez @ Banorte
https://cdn.tellimer.com/providers/badge-banorte-EobAbKHtWMEQBCkEA6lSSX32TSXDmiYABBL7aTiF.png
Marissa Garza Ostos @ Banorte
October 7th, 2022
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