Equity Analysis /
MexicoPromotora y Operadora de Infraestructura: Quarterly Report 2Q22: Exceeds pre-pandemic traffic and with record EBITDA
Pinfra registered solid growth supported by Concessions but this was partially offset by Plants and Construction
Vehicular traffic exceeded pre-pandemic figures and EBITDA for the quarter was a record
We reiterate our Buy recommendation, although we do not see a short-term catalyst to drive the stock price
Jose Itzamna Espitia Hernandez
Senior Equity Research Analyst, Infrastructure, Materials and Transportation @ Banorte
4 August 2022
Published byBanorte
