Group Aeroportuario Del Centro Norte S.A.B. de C.V., also known as OMAB, released its Q2 2025 earnings call transcript.
Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB) has announced impressive Q2 2025 earnings, with total revenues up 16.8% to 3.4 billion pesos ($223.3 million USD). The strong performance was driven by increases in both aeronautical and non-aeronautical revenues.
On a conference call hosted by Luis Emmanuel Camacho Thierry, the Investor Relations Officer for OMA, Ruffo Perez Pliego del Castillo, the CFO, and Ricardo Duenas Espriu, the CEO, discussed the company's performance, financial results, and key developments during the past quarter.
Operationally, OMA saw growth fueled by robust passenger traffic, especially from Monterrey Airport to key domestic and international destinations. This growth was supported by strong industrial activity and high industrial park occupancy. Aeronautical revenues increased by 17%, with a 5% rise in aeronautical revenue per passenger. Commercial revenue growth and industrial services, including hotel, also contributed significantly to the overall revenue.
Management changes were also notable this quarter. Enrique Navarro retired, and Raful Zacarias became the Chief Operating Officer, with Pierre Grosmaire taking over as the Chief Commercial Officer. These leadership updates aim to sustain and expand extra-aeronautical activities, continuing the growth trajectory.
Regarding strategic initiatives, OMA indicated ongoing and upcoming negotiations related to its Master Development Program (MDP), focusing on infrastructure investments to enhance airport capacity and services. Construction revenues stood at MXN 916 million for the quarter, reflecting ongoing development projects. These investments are positioned to support long-term growth and respond to rising passenger and commercial demand.
Ricardo Duenas, the CEO, will comment on several key developments, including highlights of OMA's upcoming MDP negotiation, during the conference call. He will also review the operational performance and financial results during the call. Following his opening remarks, Ricardo Duenas will be available to answer questions.
The conference call participants include Alan Macias from BofA Securities, Research Division, Federico Galassi from an unidentified company, Alberto Valerio from UBS Investment Bank, Research Division, Guilherme G. Mendes from JPMorgan Chase & Co, Research Division, Gabriel Himelfarb Mustri from Scotiabank Global Banking and Markets, Research Division, and TRG Management LP, represented by an unidentified participant.
The conference call is scheduled for July 29, 2025, at 12:00 PM ET.
Sources: [1] Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB) Q2 2025 Earnings Release [2] OMA Conference Call Script [3] OMAB Earnings Call Transcript [4] OMAB Earnings Call Highlights [5] OMAB Q2 2025 Earnings Presentation
- During the conference call, the Chief Financial Officer (Ruffo Perez Pliego del Castillo) commented on the company's impressive Q2 2025 earnings growth in the banking and finance industry.
- OMA, discussing strategic initiatives, revealed ongoing negotiations regarding its Master Development Program (MDP) focusing on investments in the banking-and-insurance and finance industries for future airport capacity and services.
