Earnings Report /

ASUR: Quarterly Report 3Q21: Revenues and EBITDA above pre-pandemic levels

  • Strong year-over-year growth, reflecting good passenger dynamism, as well as a significant expansion in margins

  • In 3Q21, Asur’s operating revenues and EBITDA already exceeded pre-pandemic figures

  • We set our PT at MXN 483.50, which is equivalent to a FV/EBITDA 2022e multiple of 13.1x, similar to our 2021e of 13.5x

Jose Itzamna Espitia Hernandez
Jose Itzamna Espitia Hernandez

Senior Equity Research Analyst, Infrastructure, Materials and Transportation

27 October 2021
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