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Grupo Aeroportuario del Pacifico Announces Results for the Third Quarter of 2017

GUADALAJARA, Mexico--(BUSINESS WIRE)-- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC) (BMV: GAP) (“the Company” or “GAP”) reported its consolidated results for the third quarter ended September 30, 2017. Figures are unaudited and have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”).

Summary of 3Q17 vs. 3Q16

  • The sum of aeronautical and non-aeronautical services revenues increased by Ps. 309.2 million, or 13.0%. Total revenues increased by Ps. 179.8 million, or 6.3%.
  • Cost of services increased by Ps. 58.5 million, or 13.3%.
  • Operating income increased by Ps. 207.7 million, or 15.8%.
  • EBITDA increased by Ps. 213.5 million, or 12.9%. EBITDA margin (excluding the effects of IFRIC 12) decreased from 69.9% in 3Q16 to 69.8% in 3Q17.
  • Net income and comprehensive income increased by Ps. 223.9 million, or 23.6%.

For the full version of this report please visit www.aeropuertosgap.com.mx

View source version on businesswire.com: http://www.businesswire.com/news/home/20171026006625/en/

For more information please visit www.aeropuertosgap.com.mx or contact:
In Mexico
Grupo Aeroportuario del Pacífico, S.A.B. de C.V.
Saúl Villarreal García, Chief Financial Officer
Paulina Sánchez, Investor Relations Manager
Tel: 01 (33) 38801100 ext 20151
svillarreal@aeropuertosgap.com.mx
psanchez@aeropuertosgap.com.mx
or
In the U.S.
i-advize Corporate Communications
Maria Barona
Camilla Ferreira
Tel: 212 406 3691 / 212 406 3695
gap@i-advize.com

Source: Grupo Aeroportuario del Pacífico, S.A.B. de C.V.