Report
Keith Schoonmaker, CFA
EUR 98.48 For Business Accounts Only

ASUR's passenger traffic is growing at robust double-digit levels.

Wide-moat Grupo Aeroportuario del Sureste reported strong 2016 fourth-quarter earnings that beat consensus expectations as political uncertainty and comments from U.S. and Mexico government officials did not deter air travel. Total revenue increased 5.9% to 3.1 billion pesos, and net income followed suit, rising to 917.5 million pesos versus 730.8 million during the fourth quarter of 2015. Expanding margins--EBITDA margins moved up 550 basis points in 2016--thanks to the operating leverage inher...
Underlying
Grupo Aeroportuario del Sureste S.A. de C.V. ADS Series B

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Keith Schoonmaker, CFA

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch