Grupo Aeroportuario Del Pacifico, S.A. B. de C.V. (PAC) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to GAP's fourth quarter 2025 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'd like to ask a question. Now, it's my pleasure to turn the call over to GAP's investor relations team. Please go ahead. Thank you, and welcome to GAP's conference call. I'd like to take a few moments to review the forward-looking statements as described in the financial disclosure statement. Please be advised that statements 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. Thank you for your attention. It is my great pleasure to introduce Mr. Raul Revuelta, GAAP Chief Executive Officer, and Mr. Saul Villarreal, Chief Financial Officer. The gentleman will be our speaker today. At this time, I will turn the call over to Mr. Revuelta for his opening remarks. Thank you, Maria. Good morning, everyone, and thank you for your time here today. I'm pleased to share with you the company's operational and financial highlights for the fourth quarter of 2025, which concludes a solid year despite the several external challenges that I will discuss today. I will begin with the quarterly passenger traffic and then move on the financial results, followed by a brief review of the full year. Passenger traffic decreased 0.9% during the fourth quarter compared to the same period of 20...