Grupo Aeroportuario del Sureste Posts Lower EBITDA as Costs Rise and Aeronautical Revenues Weaken
Grupo Aeroportuario del Sureste reported a modest increase in passenger traffic in the fourth quarter but saw EBITDA decline by roughly 5% to MXN4.9 billion. Revenue excluding construction held steady at MXN7.3 billion year-over-year, while higher operating costs and weaker aeronautical revenues reduced margins by 333 basis points to 66.4%. Results…