Grupo Aeroportuario Centro Norte: Quarterly Report 2Q22: Surprising higher profitability
Oma reported a larger-than-expected margin expansion, due to better passenger demand and operating efficiencies
The results reaffirm the positive outlook for the company with better profitability despite the current challenges
The FV/EBITDA multiple falls from 10.2x to 9.7x vs. 10.0 national sector avg., so we reiterate our Buy recommendation
Senior Equity Research Analyst, Infrastructure, Materials and TransportationĀ @ Banorte
