Corporacion America Airports SA (CAAP) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the Corporación América Airport's first quarter 2024 conference call. A slide presentation accompanies today's webcast and is available in the investor section of the Corporación América Airport's website. As a reminder, all participants are in a listen-only mode. There will be an opportunity to ask questions at the end of the presentation. At this time, I would like to turn the call over to Patricio Iñaki-Esnola, Head of Investor Relations. Patricio, please go ahead. Thank you. Good morning, everyone, and thank you for joining us today. Speaking during today's call will be Martín Ornequian, our Chief Executive Officer, and Jorge Arruda, our Chief Financial Officer. Before we proceed, I would like to make the following safe harbor statement. Today's call will contain four looking statements, and I refer you to the four looking statements section of our earnings release and recent filings with the SCC. We assume no obligation to update or revise any forward-looking statements to reflect new or changed events or circumstances. Please note that throughout this call, all references to revenues, costs, adjusted EBITDA, and margin will refer to figures excluding IFRIC 12. I will now turn the call over to our CEO, Martín Ornequiano. Thank you, Iñaki. Hello, everyone, and welcome to our first quarter 2024 earnings call. I will start today's presentation with some overall highlights on our first quarter's performance. I will then hand it off to Jorge, who will provide additional details in his financial review before we open the call for questions. I am pleased with the good start to the new year. We delivered a positive quarter with revenues up in the low double digits against the same quarter last year and beating passenger traffic growth. Our co...