Equity Analysis /

Grupo Aeroportuario Centro Norte: Flash: International traffic growth comes back

  • In July, total number of passengers rise 16.3%, slightly above our 14.0% estimate

  • International passengers surprised to the upside by a 7.5%y/y increase, while domestic advanced 17.5%y/y

  • Favorable dynamism supports the demand outlook for the year and the FV/EBITDAR at 10.5x confirms it in our top-picks

Jose Itzamna Espitia Hernandez
Jose Itzamna Espitia Hernandez

Senior Equity Research Analyst, Infrastructure, Materials and Transportation

5 August 2022
Published byBanorte


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