FIBRA EXI (BMV: FEXI21) Announces 4Q23 & FY2023 Earnings Release

Mexico City, February 26th, 2024 – Fibra EXI (BMV: FEXI21), announced today its results for the fourth quarter and full year 2023 ending December 31, 2023.

 

4Q23 & FY23 HIGHLIGHTS

  • During 4Q23, AADT increased by 7.9% compared to the same period of the previous year, reaching an AADT of 31,629 vehicles.

  • Total toll revenues of $966 million pesos were recorded during 4Q23.

  • During full year 2023, AADT increased by 11.1% compared to the previous year, reaching an AADT of 37,297 vehicles. Total toll revenues increased by 21.5%, reaching $3,765 million pesos.

  • In 2023, a consolidated EBITDA margin of 73.7% was recorded. 

  • In 2023, distributions were made totaling $772 million pesos, equivalent to $0.662 pesos per certificate, with a Dividend Yield of 3.49% based on the current stock price for the fiscal year. Since the issuance of the FIBRA, distributions have been made for a total amount of $1,582 million pesos. These distributions are in full compliance with the expected returns established in FEXI21’s IPO.

Earnings Call

Fourth Quarter and Full Year 2023 Results Conference Call and Webcast Details 

Date: Friday, March 1st, 2024

Time: 10:00 a.m. Mexico City Time (11:00 a.m. E.T.)

Webcast: https://us02web.zoom.us/webinar/register/WN_hT2wS7R8RMesTcK_v5_s_Q#/registration

Participants: Raúl Martinez (CFO)

Conference ID: 898 5061 5994

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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