Grupo Aeroportuario del Pacífico For 2024 Expects Total Revenue Growth Of 2%-4%, And Passenger Traffic Of (5%) - (3%)
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Grupo Aeroportuario del Pacífico (PAC) has revised its 2024 guidance, expecting total revenue growth of 2%-4% and a decline in passenger traffic of 3%-5%. Aeronautical revenues are projected to decrease by 2%-4%, while non-aeronautical revenues are expected to grow by 20%-22%. EBITDA is forecasted to range from a 1% decline to a 1% increase.
July 23, 2024 | 5:35 am
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Grupo Aeroportuario del Pacífico (PAC) has updated its 2024 guidance, projecting total revenue growth of 2%-4% and a decline in passenger traffic of 3%-5%. Aeronautical revenues are expected to decrease by 2%-4%, while non-aeronautical revenues are anticipated to grow by 20%-22%. EBITDA is forecasted to range from a 1% decline to a 1% increase.
The revised guidance indicates mixed expectations for PAC. While total revenue and non-aeronautical revenues are expected to grow, the decline in passenger traffic and aeronautical revenues, along with a flat EBITDA forecast, suggest potential challenges. This mixed outlook is likely to result in a neutral short-term impact on PAC's stock price.
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