{"id":480865,"date":"2021-04-22T16:34:16","date_gmt":"2021-04-22T20:34:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/asur-reports-1q21-financial-results\/"},"modified":"2021-04-22T16:34:16","modified_gmt":"2021-04-22T20:34:16","slug":"asur-reports-1q21-financial-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/asur-reports-1q21-financial-results\/","title":{"rendered":"ASUR Reports 1Q21 Financial Results"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">Passenger traffic remains impacted by travel disruptions worldwide due to the COVID-19 pandemic<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">MEXICO CITY<\/span>, <span class=\"xn-chron\">April 22, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Grupo Aeroportuario del Sureste, S.A.B. de C.V.\u00a0 (NYSE: ASR; BMV: ASUR) (ASUR), a leading international airport group with operations in <span class=\"xn-location\">Mexico<\/span>, the U.S., and <span class=\"xn-location\">Colombia<\/span>, today announced results for the three-month period ended <span class=\"xn-chron\">March 31<\/span>, 2021.\u00a0<\/p>\n<p>\n        <b>1Q21 Highlights<sup>1<\/sup><\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>Total passenger traffic declined 32.2% year over year (YoY), reflecting the impact of the pandemic, primarily since the second half of <span class=\"xn-chron\">March 2020<\/span>, but improved from the 44.9% and 70.2% declines reported in 4Q20 and 3Q20. By country of operations, 1Q21 traffic declined as follows: <\/li>\n<ul type=\"circle\">\n<li>36.2% in <span class=\"xn-location\">Mexico<\/span>, reflecting declines of 19.3% in domestic traffic and 49.5% in international traffic <\/li>\n<li>20.0% in <span class=\"xn-location\">Puerto Rico<\/span> (Aerostar), down 15.0% in domestic traffic and 69.7% in international traffic <\/li>\n<li>30.4% in <span class=\"xn-location\">Colombia<\/span> (Airplan), with decreases of 27.2% in domestic and 49.0% in international traffic<\/li>\n<\/ul>\n<li>Revenues declined 30.2% YoY to Ps.2,899.7 million. Excluding construction revenues, revenues declined 31.0%, 36.2% and 56.2% in 1Q21, 4Q20 and 3Q20. <\/li>\n<li>Consolidated commercial revenues per passenger of Ps.107.9 in 1Q21 <\/li>\n<li>Consolidated EBITDA declined 42.0% YoY to Ps.1,592.5 million, but was above the Ps.1,330.9 million reported in 4Q20 and Ps.755.1 million in 3Q20. <\/li>\n<li>Adjusted EBITDA Margin (excludes the effect of IFRIC 12) declined to 58.8% from 69.9% in 1Q20, but improved from the 54.6% reported in 4Q20 and 44.6% in 3Q20. <\/li>\n<li>Closed the quarter with cash &amp; cash equivalents of Ps.5,739.8 million and Net Debt-to-LTM EBITDA at 2.1x. <\/li>\n<li>Principal debt payments of Ps.733.6 million, or 5.3% of Total Debt, mature in 9M21. <\/li>\n<li>Subsequent to quarter-end, ASUR concluded Extraordinary Maximum Tariff Review Process in <span class=\"xn-location\">Mexico<\/span>.<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnbcc\">\n<tr>\n<td colspan=\"4\" nowrap=\"nowrap\" class=\"prnvab prnpl6 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Table 1: Financial &amp; Operational Highlights <sup>1<\/sup><\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prnsbts prnsbr1 prnvab prnsbbs prntac prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>First Quarter<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td rowspan=\"2\" nowrap=\"nowrap\" class=\"prnvab prnsbbs prntac prnpl6 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b><br \/>\n                    <i>% Chg<\/i><br \/>\n                  <\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prnvab prnsbbs prntar prnpl6 prnpr8\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2021<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Financial Highlights<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen10\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total Revenue<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>4,156,996<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2,899,710<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prnsbts prnrbrs prnvab prnsbbs prntar prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(30.2)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnml10\">\n                <span class=\"prnews_span\">Mexico<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,825,205<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,909,929<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(32.4)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnml10\">\n                <span class=\"prnews_span\">San Juan<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">873,947<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">727,129<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(16.8)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnml10\">\n                <span class=\"prnews_span\">Colombia<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">457,844<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">262,652<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(42.6)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Commercial Revenues per PAX<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>116.2<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>107.9<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(7.1)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnml10\">\n                <span class=\"prnews_span\">Mexico<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">135.2<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">123.6<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(8.6)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnml10\">\n                <span class=\"prnews_span\">San Juan<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">126.3<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">132.0<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4.5<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnml10\">\n                <span class=\"prnews_span\">Colombia<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">51.9<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">43.5<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(16.2)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">EBITDA<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,743,530<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,592,545<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(42.0)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Net Income<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,964,936<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,038,105<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(47.2)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Majority Net Income<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1,884,371<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>945,012<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(49.9)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Earnings per Share (in pesos)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6.2812<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3.1500<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(49.9)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Earnings per ADS (in US$)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3.0730<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1.5411<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(49.9)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Capex<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">353,752<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">356,341<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">0.7<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Cash &amp; Cash Equivalents<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">7,784,257<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5,739,798<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(26.3)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Net Debt<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">7,481,477<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">8,707,718<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">16.4<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Net Debt\/ LTM EBITDA<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1.8<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2.1<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">20.2<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Operational Highlights<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen10\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Passenger Traffic<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnml10\">\n                <span class=\"prnews_span\">Mexico<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">8,019,902<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5,118,866<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(36.2)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnml10\">\n                <span class=\"prnews_span\">San Juan<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,206,510<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,764,873<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(20.0)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnml10\">\n                <span class=\"prnews_span\">Colombia<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,669,633<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,857,285<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(30.4)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p><\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prngen2\">\n<tr>\n<td colspan=\"4\" class=\"prnsbtb0 prnrbrb0 prnvab prnsbtb0 prntar prnpl14 prnsblb0 prnpr6\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" class=\"prnsbtb0 prnrbrb0 prnvab prnsbtb0 prnpl14 prnsblb0 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <sup>1 <\/sup>Unless otherwise stated, all financial figures discussed in this announcement are unaudited, prepared in accordance with International Financial Reporting Standards (IFRS), and represent comparisons between the three-month period ended March 31, 2021, and the equivalent three-month period ended March 31, 2020. All figures in this report are expressed in Mexican pesos, unless otherwise noted. Tables state figures in thousands of Mexican pesos, unless otherwise noted. Passenger figures for Mexico and Colombia exclude transit and general aviation passengers, unless otherwise noted. Commercial revenues include revenues from non-permanent ground transportation and parking lots. All U.S. dollar figures are calculated at the exchange rate of US$1.00 = Mexican Ps.20.4400 (source: <i>Diario Oficial de la Federaci\u00f3n de M\u00e9xico<\/i>), while Colombian peso figures are calculated at the exchange rate of COP178.8700 = Mexican Ps.1.00 (source: Investing). Definitions for EBITDA, Adjusted EBITDA Margin, Majority Net Income can be found on page 20 of this report.<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <b>For a full version of ASUR&#8217;s\u00a0First Quarter\u00a02021\u00a0Earnings Release, please visit:<br \/><\/b><br \/>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3138768-1&amp;h=2601065429&amp;u=http%3A%2F%2Fwww.asur.com.mx%2Fen%2Finvestor-relations%2Ffinancial-information.html&amp;a=http%3A%2F%2Fwww.asur.com.mx%2Fen%2Finvestor-relations%2Ffinancial-information.html\" rel=\"nofollow noopener\">http:\/\/www.asur.com.mx\/en\/investor-relations\/financial-information.html<\/a>\u00a0<\/p>\n<p \/>\n<div>\n<table id=\"convertedTablefd52\" cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prngen2\">\n<tr>\n<td class=\"prnsbts prnrbrs prnvab prnsbbs prnpl6 prnsbls prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\" \/>\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1Q21 Earnings Call<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Date &amp; Time: <\/b>Friday, April 23, 2021 at 10:00 AM US ET; 9:00 AM CT<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\" \/>\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\" \/><br \/>\n                <span class=\"prnews_span\"><br \/>\n                  <b>Dial-in:<\/b> 1-866-548-4713 (US &amp; Canad\u00e1); 1-323-794-2093 (Internacional y M\u00e9xico); Access Code: <b>6534124<\/b><\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\" \/>\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\" \/><br \/>\n                <span class=\"prnews_span\"><br \/>\n                  <b>Replay: <\/b>Friday,\u00a0April 23, 2021 at 1:00 PM US ET, ending at 11:59 PM US ET on Friday, April 30, 2021. Dial-in number: 1-844-512-2921 (US &amp; Canada); 1-412-317-6671 (International &amp; Mexico). Access Code:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <b>6534124<\/b><\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\" \/>\u00a0<\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p \/>\n<p \/>\n<p>\n        <b>Definitions<\/b>\n      <\/p>\n<p>\n        <b>Concession Services Agreements (IFRIC 12 interpretation). <\/b>In <span class=\"xn-location\">Mexico<\/span> and Puerto Rico,\u00a0ASUR is required by\u00a0IFRIC 12 to include in its income statement an income line, &#8220;Construction Revenues,&#8221; reflecting the revenue from construction or improvements to concessioned assets made during the relevant period. The same amount is recognized under the expense line &#8220;Construction Costs&#8221; because ASUR hires third parties to provide construction services. Because equal amounts of Construction Revenues and Construction Costs have been included in ASUR&#8217;s income statement as a result of the application of IFRIC 12,\u00a0the amount of Construction Revenues does not have an impact on EBITDA, but it does have an impact on EBITDA Margin. In <span class=\"xn-location\">Colombia<\/span>, &#8220;Construction Revenues&#8221; include the recognition of the revenue to which the concessionaire is entitled for carrying out the infrastructure works in the development of the concession, while &#8220;Construction Costs&#8221; represents the actual costs incurred in the execution of such additions or improvements to the concessioned assets.\u00a0 <\/p>\n<p>\n        <b>Majority Net Income<\/b>\u00a0reflects ASUR&#8217;s equity interests in each of its subsidiaries and therefore excludes the 40% interest in Aerostar that is owned by other shareholders. Other than Aerostar, ASUR owns (directly or indirectly) 100% of its subsidiaries. <\/p>\n<p>\n        <b>EBITDA<\/b>\u00a0means net income before provision for taxes, deferred taxes, profit sharing, non-ordinary items, participation in the results of associates, comprehensive financing cost, and depreciation and amortization. EBITDA should not be considered as an alternative to net income, as an indicator of our operating performance or as an alternative to cash flow as an indicator of liquidity. Our management believes that EBITDA provides a useful measure that is widely used by investors and analysts to evaluate our performance and compare it with other companies. EBITDA is not defined under U.S. GAAP or IFRS and may be calculated differently by different companies. <\/p>\n<p>\n        <b>Adjusted EBITDA Margin<\/b>\u00a0is calculated by dividing EBITDA by total revenues excluding construction services revenues for <span class=\"xn-location\">Mexico<\/span>, <span class=\"xn-location\">Puerto Rico<\/span>, and <span class=\"xn-location\">Colombia<\/span> and excludes the effect of IFRIC 12 with respect to the construction or improvements to concessioned assets. ASUR is required by IFRIC 12 to include in its income statement an income line reflecting the revenue from construction or improvements to concessioned assets made during the relevant period. The same amount is recognized under the expense line &#8220;Construction Costs&#8221; because ASUR hires third parties to provide construction services. In <span class=\"xn-location\">Mexico<\/span> and <span class=\"xn-location\">Puerto Rico<\/span>, because equal amounts of Construction Revenues and Construction Costs have been included in ASUR&#8217;s income statement as a result of the application of IFRIC 12,\u00a0the amount of Construction Revenues does not have an impact on EBITDA, but it does have an impact on EBITDA Margin, as the increase in revenues that relates to Construction Revenues does not result in a corresponding increase in EBITDA. In <span class=\"xn-location\">Colombia<\/span>, construction revenues do have an impact on EBITDA, as construction revenues include a reasonable margin over the actual cost of construction. Like EBITDA\u00a0Margin, Adjusted EBITDA Margin should not be considered as an indicator of our operating performance or as an alternative to cash flow as an indicator of liquidity and is not defined under U.S. GAAP or IFRS and may be calculated differently by different companies. <\/p>\n<p>\n        <b>About ASUR <br \/><\/b>Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) is a leading international airport operator with a portfolio of concessions to operate, maintain, and develop 16 airports in the Americas. These comprise nine airports in southeast <span class=\"xn-location\">Mexico<\/span>, including Cancun Airport, the most important tourist destination in <span class=\"xn-location\">Mexico<\/span>, the <span class=\"xn-location\">Caribbean<\/span>, and <span class=\"xn-location\">Latin America<\/span>, and six airports in northern <span class=\"xn-location\">Colombia<\/span>, including Jos\u00e9 Mar\u00eda C\u00f3rdova International Airport (Rionegro), the second busiest airport in <span class=\"xn-location\">Colombia<\/span>. ASUR is also a 60% JV partner in Aerostar Airport Holdings, LLC, operator of the Luis Mu\u00f1oz Mar\u00edn International Airport serving the capital of <span class=\"xn-location\">Puerto Rico<\/span>, <span class=\"xn-location\">San Juan<\/span>. <span class=\"xn-location\">San Juan&#8217;s<\/span> Airport is the island&#8217;s primary gateway for international and mainland-US destinations and was the first and currently the only major airport in the US to have successfully completed a public\u2013private partnership under the FAA Pilot Program. Headquartered in <span class=\"xn-location\">Mexico<\/span>, ASUR is listed both on the Mexican Bolsa, where it trades under the symbol ASUR, and on the NYSE in the U.S., where it trades under the symbol ASR. One ADS represents ten (10) series B shares. For more information, visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3138768-1&amp;h=1840052013&amp;u=https%3A%2F%2Fprndl2-irisxe3.prnewswire.local%2FUsers%2Fjsearle%2FAppData%2FLocal%2FMicrosoft%2FAppData%2FLocal%2FMicrosoft%2FWindows%2FINetCache%2FContent.Outlook%2FWU62ENHU%2Fwww.asur.com.mx&amp;a=www.asur.com.mx\" rel=\"nofollow noopener\">www.asur.com.mx<\/a><\/p>\n<p>\n        <u><br \/>\n          <b>Forward Looking Statements <\/b><br \/>\n        <\/u>\n      <\/p>\n<p>Some of the statements contained in this press release discuss future expectations or state other forward-looking information. Those statements are subject to risks identified in this press release and in ASUR&#8217;s filings with the SEC. Actual developments could differ significantly from those contemplated in these forward-looking statements. In particular, the impact of the COVID-19 pandemic on global economic conditions and the travel industry, as well as on the business and results of operations of the Company in particular, is expected to be material, and, as conditions are changing rapidly, is difficult to predict. The forward-looking information is based on various factors and was derived using numerous assumptions. Our forward-looking statements speak only as of the date they are made and, except as may be required by applicable law, we do not have an obligation to update or revise them, whether as a result of new information, future or otherwise. <\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY52544&amp;sd=2021-04-22\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/asur-reports-1q21-financial-results-301275281.html\">http:\/\/www.prnewswire.com\/news-releases\/asur-reports-1q21-financial-results-301275281.html<\/a><\/p>\n<p>SOURCE  Grupo Aeroportuario del Sureste, S.A.B. de C.V.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY52544&amp;Transmission_Id=202104221630PR_NEWS_USPR_____NY52544&amp;DateId=20210422\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Passenger traffic remains impacted by travel disruptions worldwide due to the COVID-19 pandemic PR Newswire MEXICO CITY, April 22, 2021 \/PRNewswire\/ &#8212;\u00a0Grupo Aeroportuario del Sureste, S.A.B. de C.V.\u00a0 (NYSE: ASR; BMV: ASUR) (ASUR), a leading international airport group with operations in Mexico, the U.S., and Colombia, today announced results for the three-month period ended March 31, 2021.\u00a0 1Q21 Highlights1 Total passenger traffic declined 32.2% year over year (YoY), reflecting the impact of the pandemic, primarily since the second half of March 2020, but improved from the 44.9% and 70.2% declines reported in 4Q20 and 3Q20. By country of operations, 1Q21 traffic declined as follows: 36.2% in Mexico, reflecting declines of 19.3% in domestic traffic and 49.5% in international traffic 20.0% &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/asur-reports-1q21-financial-results\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ASUR Reports 1Q21 Financial Results&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-480865","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ASUR Reports 1Q21 Financial Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/asur-reports-1q21-financial-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ASUR Reports 1Q21 Financial Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Passenger traffic remains impacted by travel disruptions worldwide due to the COVID-19 pandemic PR Newswire MEXICO CITY, April 22, 2021 \/PRNewswire\/ &#8212;\u00a0Grupo Aeroportuario del Sureste, S.A.B. de C.V.\u00a0 (NYSE: ASR; BMV: ASUR) (ASUR), a leading international airport group with operations in Mexico, the U.S., and Colombia, today announced results for the three-month period ended March 31, 2021.\u00a0 1Q21 Highlights1 Total passenger traffic declined 32.2% year over year (YoY), reflecting the impact of the pandemic, primarily since the second half of March 2020, but improved from the 44.9% and 70.2% declines reported in 4Q20 and 3Q20. By country of operations, 1Q21 traffic declined as follows: 36.2% in Mexico, reflecting declines of 19.3% in domestic traffic and 49.5% in international traffic 20.0% &hellip; Continue reading &quot;ASUR Reports 1Q21 Financial Results&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/asur-reports-1q21-financial-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-22T20:34:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY52544&amp;sd=2021-04-22\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/asur-reports-1q21-financial-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/asur-reports-1q21-financial-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ASUR Reports 1Q21 Financial Results\",\"datePublished\":\"2021-04-22T20:34:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/asur-reports-1q21-financial-results\\\/\"},\"wordCount\":1425,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/asur-reports-1q21-financial-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NY52544&amp;sd=2021-04-22\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/asur-reports-1q21-financial-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/asur-reports-1q21-financial-results\\\/\",\"name\":\"ASUR Reports 1Q21 Financial Results - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/asur-reports-1q21-financial-results\/","og_locale":"en_US","og_type":"article","og_title":"ASUR Reports 1Q21 Financial Results - Market Newsdesk","og_description":"Passenger traffic remains impacted by travel disruptions worldwide due to the COVID-19 pandemic PR Newswire MEXICO CITY, April 22, 2021 \/PRNewswire\/ &#8212;\u00a0Grupo Aeroportuario del Sureste, S.A.B. de C.V.\u00a0 (NYSE: ASR; BMV: ASUR) (ASUR), a leading international airport group with operations in Mexico, the U.S., and Colombia, today announced results for the three-month period ended March 31, 2021.\u00a0 1Q21 Highlights1 Total passenger traffic declined 32.2% year over year (YoY), reflecting the impact of the pandemic, primarily since the second half of March 2020, but improved from the 44.9% and 70.2% declines reported in 4Q20 and 3Q20. By country of operations, 1Q21 traffic declined as follows: 36.2% in Mexico, reflecting declines of 19.3% in domestic traffic and 49.5% in international traffic 20.0% &hellip; Continue reading \"ASUR Reports 1Q21 Financial Results\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/asur-reports-1q21-financial-results\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-22T20:34:16+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY52544&amp;sd=2021-04-22","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/asur-reports-1q21-financial-results\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/asur-reports-1q21-financial-results\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ASUR Reports 1Q21 Financial Results","datePublished":"2021-04-22T20:34:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/asur-reports-1q21-financial-results\/"},"wordCount":1425,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/asur-reports-1q21-financial-results\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY52544&amp;sd=2021-04-22","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/asur-reports-1q21-financial-results\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/asur-reports-1q21-financial-results\/","name":"ASUR Reports 1Q21 Financial Results - 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