FIBRA EXI (BMV: FEXI21) Announces 2Q24 Earnings Release

Mexico City, July 25th, 2024 – Fibra EXI (BMV: FEXI21), announced today its results for the second quarter ended June 30, 2024.

 

2Q24 HIGHLIGHTS

  • During 2Q24, AADT increased by 2.5% compared to the same period of the previous year, reaching an AADT of 37,967 vehicles.

  • Total toll revenues of $979 million pesos were recorded during 2Q24.

  • For the first half of 2024 (1H24), AADT increased by 6.0% compared to the same period of the previous year. Total toll revenues increased by 10.3%, reaching $1,983 million pesos, while the consolidated EBITDA margin was 80.4%.

  • Following the most recent distribution in March, at the end of 2Q23, the total distributed amount by FEXI21 since the issuance of the FIBRA amounts to $2,119 million pesos, equivalent to a Dividend Yield of 9.6%. These distributions are in line with the expected returns established in FEXI21’s IPO.

Earnings Call

Second Quarter 2024 Results Conference Call and Webcast Details 

Date: Tuesday, July 30th, 2024

Time: 10:00 a.m. Mexico City Time (12:00 a.m. E.T.)

Webcast:
https://us02web.zoom.us/webinar/register/WN__5oQiCcJTYSDgPgutNKbhQ#/registration

Participants: Raúl Martinez (CFO)

Conference ID:  893 0106 5841

Dial-in:

Mexico

+52 558 659 6002

+52 554 161 4288

+52 554 169 6926

United States

+1 312 626 6799 (Chicago)

+1 346 248 7799 (Houston)

+1 646 558 8656 (New York)

 

Miranda Newswire – Full Press Release: Download PDF

 

Investor Relations Contact Details

Tel. +52 55-5292-4772

 
About FEXI21
Fibra EXI (BMV: FEXI21) is a FIBRA E whose main objective is to invest in shares and partnership interests of eligible infrastructure and energy assets and to make distributions from resulting cash flows to its certificates holders. It is administered by MIP F.1., S.A. de C.V., a company member of Mexico Infrastructure Partners (MIP), a leasing administrator of infrastructure and energy investment funds. MIP’s team has extensive regional and international experience in asset management, a long history in structuring and raising investment funds, and strong relationships with key players in the sector. 

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