StockWatch
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Aerospace
Quarterly ResultJul 14, 2026, 01:03 AM

Pacific Airport Group Q2 Revenue +3.7%; CBX Acquisition Boosts Results

AI Summary

Pacific Airport Group reported its Q2 2026 consolidated results, showing a 3.7% increase in total revenues to Ps. 11,289.7 million and an 8.4% rise in EBITDA to Ps. 5,965.3 million. These results include the effects of the business combination effective May 1, 2026, which involved the acquisition of the remaining 25% equity in Cross Border Xpress (CBX) and the internalization of technical assistance services. CBX contributed Ps. 468.1 million in revenues and Ps. 315.8 million in EBITDA for May and June. Despite a 5.6% decrease in overall passenger traffic, the company's comprehensive income increased by 9.6% to Ps. 2,450.3 million, and it issued 89,740,731 new shares. The company also revised its 2026 guidance, projecting total revenue growth of 7-10% and EBITDA growth of 10-12%.

Key Highlights

  • Completed acquisition of remaining 25% equity in Cross Border Xpress (CBX), achieving 100% ownership.
  • Total revenues increased 3.7% to Ps. 11,289.7 million in Q2 2026.
  • EBITDA grew 8.4% to Ps. 5,965.3 million in Q2 2026, with CBX contributing Ps. 315.8 million.
  • Comprehensive income rose 9.6% to Ps. 2,450.3 million in Q2 2026.
  • Passenger traffic decreased 5.6% across 14 airports in Q2 2026.
  • Issued 89,740,731 new shares as part of the business combination.
  • Revised 2026 guidance: Total revenues 7-10% growth, EBITDA 10-12% growth.