OMA Announces Fourth Quarter 2020 Operating and Financial Results

oma

Mexico City, Mexico, February 15, 2021 — Mexican airport operator Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA (NASDAQ: OMAB; BMV: OMA), today reported its unaudited, consolidated financial and operating results for the fourth quarter 2020. 

 

Full Year 2020 Summary

  • Ps.1,506 in Capital investments and major maintenance included in the Master Development Plans (MDPs) plus strategic investments in 2020. 
  • Passenger traffic decreased 52.3%, reaching 11.1 million passengers in 2020, as a consequence of the contingency generated by the outbreak of COVID-19.
  • In 2020, Adjusted EBITDA was Ps.2,549 million and the Adjusted EBITDA margin was 62.0%.

 

4Q20 Summary

  • Passenger traffic decreased 44.5%, reaching 3.3 million passengers. Passenger traffic showed a recovery during the fourth quarter compared to the decrease of 62.4% during 3Q20. The airports with the lowest decline in passengers, in percentage terms, compared to 4Q19 were Mazatlán, Culiacán, Reynosa and Zacatecas.
  • Capital investments and major maintenance included in the Master Development Plans (MDPs) plus strategic investments were Ps.472 million for the quarter.

 

 

Miranda Newswire – Full Press Release: Download PDF 

 
This report may contain forward-looking information and statements. Forward-looking statements are statements that are not historical facts. These statements are only predictions based on our current information and expectations and projections about future events. Forward-looking statements may be identified by the words “believe,” “expect,” “anticipate,” “target,” “estimate,” or similar expressions. While OMA’s management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and are generally beyond the control of OMA, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include, but are not limited to, those discussed in our most recent annual report filed on Form 20-F under the caption “Risk Factors.” OMA undertakes no obligation to update publicly its forward-looking statements, whether as a result of new information, future events, or otherwise.
 
About OMA
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA, operates 13 international airports in nine states of central and northern Mexico. OMA’s airports serve Monterrey, Mexico’s third largest metropolitan area, the tourist destinations of Acapulco, Mazatlán, and Zihuatanejo, and nine other regional centers and border cities. OMA also operates the NH Collection Hotel inside Terminal 2 of the Mexico City airport and the Hilton Garden Inn at the Monterrey airport. OMA employs over 1,000 persons in order to offer passengers and clients airport and commercial services in facilities that comply with all applicable international safety and security measures. OMA is listed on the Mexican Stock Exchange (OMA) and on the NASDAQ Global Select Market (OMAB). For more information, visit:
• Web Page (http://ir.oma.aero)
• Twitter (http://twitter.com/OMAeropuertos)
• Facebook (https://www.facebook.com/OMAeropuertos)

 

Investor Relations Contact Details

Chief Financial Officer
Ruffo Pérez Pliego del Castillo
+52 (81) 8625 4300
rperezpliego@oma.aero 

Investor Relations 
Luis Emmanuel Camacho Thierry
+52 (81) 8625 4308
ecamacho@oma.aero 

Share our news:

LinkedIn
Twitter
WhatsApp
Email

Latest News