Quarterly ResultMay 13, 2026, 08:32 AM
Corporación América Airports Q1 Revenue +18.8% to $495.2M; EBITDA +26.1%
AI Summary
Corporación América Airports reported strong first quarter 2026 results, with consolidated revenues ex-IFRIC growing 18.8% year-over-year to $495.2 million and Adjusted EBITDA ex-IFRIC increasing 26.1% to $196.2 million. Passenger traffic rose 7.0% to 21.8 million, driven by a 13.7% increase in international traffic across all operating countries. The company maintained a robust liquidity position with $666.2 million in cash and cash equivalents and a net debt to LTM Adjusted EBITDA ratio of 0.5x, reflecting strong cash generation and disciplined capital allocation.
Key Highlights
- Consolidated Revenues ex-IFRIC reached $495.2 million, up 18.8% YoY.
- Adjusted EBITDA ex-IFRIC increased 26.1% to $196.2 million.
- Adjusted EBITDA margin ex-IFRIC expanded 2.3 percentage points to 39.6%.
- Total passenger traffic increased 7.0% YoY to 21.8 million.
- Maintained strong liquidity with $666.2 million in Cash & Cash equivalents.
- Net debt to LTM Adjusted EBITDA improved to 0.5x.
- Argentina Adjusted Segment EBITDA ex-IAS 29 rose 16.0% YoY to $118.3 million.
- Brazil Adjusted Segment EBITDA increased 43.6% YoY to $13.8 million.