Sign in

    Pablo Ricalde Martinez • Unknown

    Pablo Ricalde Martinez's questions to Grupo Aeroportuario del Pacifico SAB de CV (PAC) leadership

    Pablo Ricalde Martinez's questions to Grupo Aeroportuario del Pacifico SAB de CV (PAC) leadership • Q1 2025

    Question

    Pablo Ricalde Martinez from Itaú BBA asked about the expected timing for a traffic turnaround at Montego Bay and the potential traffic impact on GAP's airports from the 2026 World Cup.

    Answer

    Executive Saúl García stated it is difficult to predict a recovery timeline for Montego Bay traffic due to a broader Caribbean travel trend, though promotional efforts are underway. Executive Raul Musalem added that for the 2026 World Cup, quantifying the impact is premature, with estimates ranging from 300,000 to 600,000 additional tourists for Guadalajara, pending confirmation of the participating teams. He also noted a cost reduction program is active at Montego Bay to enhance resilience.

    Ask Fintool Equity Research AI

    Pablo Ricalde Martinez's questions to Grupo Aeroportuario del Pacifico SAB de CV (PAC) leadership • Q4 2024

    Question

    Pablo Ricalde Martinez of Itaú BBA sought to clarify the MXN 13 billion CapEx guidance, asking if a portion was already deployed, and inquired about the timing for the second installment of the tariff implementation.

    Answer

    Executive Saúl García confirmed some investments, like land acquisition in Guadalajara, have been made but the bulk of the MXN 52 billion 5-year plan is still to be deployed. Raul Musalem added that the second tariff increase is planned for January of the next year, contingent on traffic trends, with a final increase in mid-2026 to reach 100% of the maximum tariff by the end of 2026.

    Ask Fintool Equity Research AI

    Pablo Ricalde Martinez's questions to Vesta Real Estate Corporation SAB de CV (VTMX) leadership

    Pablo Ricalde Martinez's questions to Vesta Real Estate Corporation SAB de CV (VTMX) leadership • Q1 2025

    Question

    Pablo Ricalde Martinez inquired about the nature of Q1 leasing activity, which was dominated by renewals, and asked for the outlook on new tenant leases for the upcoming months. He also requested details on the percentage of leases expiring in 2025.

    Answer

    CEO Lorenzo Dominique Berho Carranza acknowledged the Q1 slowdown due to uncertainty but noted an increasing pipeline and expects new leasing to pick up in upcoming quarters. He highlighted the positive aspect of renewals, which led to significant rent spreads, and stated that less than 5% of total GLA expires in 2025, with a high retention rate above 80%.

    Ask Fintool Equity Research AI

    Pablo Ricalde Martinez's questions to Grupo Aeroportuario del Sureste SAB de CV (ASR) leadership

    Pablo Ricalde Martinez's questions to Grupo Aeroportuario del Sureste SAB de CV (ASR) leadership • Q1 2025

    Question

    Pablo Ricalde Martinez asked about Mexico's tariffs, questioning the current percentage of the maximum tariff being charged and the expected timing for any tariff increases.

    Answer

    Adolfo Castro Rivas clarified that maximum tariff compliance is measured annually, not quarterly. He stated that compliance was 99% last year and that the company is currently operating in accordance with its maximum rate, expecting a similar compliance result for the full year.

    Ask Fintool Equity Research AI

    Pablo Ricalde Martinez's questions to Grupo Aeroportuario del Sureste SAB de CV (ASR) leadership • Q4 2024

    Question

    Pablo Ricalde Martinez asked for an update on reports that capacity at Mexico City Airport might increase and inquired about the company's dividend proposal for the next shareholders' meeting.

    Answer

    Executive Adolfo Castro Rivas confirmed he has seen news suggesting the Mexico City airport manager is open to lifting capacity restrictions, possibly by Q3 2025. Regarding dividends, he stated that a proposal has been prepared for the Board of Directors and will be announced on March 14.

    Ask Fintool Equity Research AI