Grupo Aeroportuario Del Pacifico, S.A. B. de C.V. (PAC) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to GAP's conference call. All lines have been placed on mute to prevent any background noise. After the presentation, we will open the floor for questions, and at that time, instructions will be given if you would like to ask a question. It is now my pleasure to turn the call over to GAP's Investor Relations team. Please go ahead. Thank you, and welcome to the Grupo Aeroportuario del Pacifico's first quarter 2025 conference call. Presenting from the company today, we welcome Mr. Raul Revuelta, GAAP's Chief Executive Officer, and Mr. Saúl Villarreal, Chief Financial Officer. Please be advised that forward-looking statements may be made during this conference call. These do not account for future economic circumstances, industry conditions, the company's future performance, or financial results. As such, statements made are based on several assumptions and factors that could change. causing actual results to materially differ from the current expectations. For a complete note on forward-looking statements, please refer to the quarterly report issued previously. At this point, I'd like to turn the call over to Mr. Rewelta for his opening remarks. Please begin, sir. Thank you, Maria. Good morning, everyone, and thank you for joining our first QUARTER 2025 results call. Let me start with highlighting our financial performance. Despite a challenging macroeconomic and travel demand environment, we delivered a strong first quarter with solid growth across all key financial and operational indicators. Total revenue grew by 26% year-over-year, reaching 8.4 billion pesos, driven by a 20.9% increase in agricultural revenues and 41.3% growth in non-agricultural revenues. This was due to several positive factors that includes higher passenger traffic, the...