Grupo Aeroportuario Del Pacifico, S.A. B. de C.V. (PAC) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to GAP's second quarter 2026 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 GAP's second quarter 2026 conference call. Prior to introducing GAP's management team, I'd like to take a few moments to mention the forward-looking statements as described in the financial report. Please be advised that any comments made today may not account for future economic circumstances, industry conditions, the company's future performance, or financial results. As such, any information discussed is based on several assumptions and factors that could change, causing actual results to materially differ from current expectations. For the complete note on forward-looking statements, please refer to the quarterly report issued previously. Thank you for your attention. It is my pleasure to introduce our speakers from GAP today, who will be discussing with you the operational and financial highlights for the second quarter of 2026. These are Mr. Raul Revuelta, Chief Executive Officer, and Mr. Saul Villarreal, Chief Financial Officer. Mr. Revuelta, please proceed with your opening remarks. Thank you, Maria. Good morning, everyone, and thank you for joining us today. The second quarter of 2026 has the resilience of GAAP's business model. Passenger traffic declined by 5.6% compared with the second quarter of 2035. Nevertheless, revenue, including construction services, increased by 4.9%, area grew by 8.4%, and area margin expanded by 230 basis points to 69.3%. These results...