Corporacion America Airports SA (CAAP) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Corporation America Airports' first quarter 2026 conference call. A slide presentation accompanies today's webcast and is available in the investor section of the company's website. As a reminder, all participants are in 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 Inaki-Eznola, 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 Martina Ornechian, 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 forward-looking statements, and I refer you to the forward-looking statement section of our earnings relief and recent filings with the SEC. We assume no obligation to update or revise any forward-looking segments to reflect new or changed events or circumstances. Please note that from this call, all references to revenues, costs, adjusted EBITDA, and margin will refer to figures excluding IFRIC 12. Also, all comparisons discussed are year-over-year unless otherwise noted. I will now turn the call over to our CEO, Martin Ernestian. Thank you, Iñaki, and good morning to everyone joining us today. We started 2006 with a strong first quarter performance. Across the business, we saw solid traffic growth, continued revenue momentum, strong profitability, and further strengthening of our balance sheet. Passenger traffic increased 7% year-over-year, supported by positive trends across all our countries of operation. International traffic remained the main driver of growth, with particularly strong performanc...