Corporacion America Airports

Corporacion America Airports SA engages in the acquisition, development, and management of airport concessionaires. It operates through the following geographical segments: Argentina, Italy, Brazil, Uruguay, Ecuador, and Armenia. The firm conducts its operations in international airport, such as Ezeiza Airport, Brasilia Airport, Aeroparque Airport, Bariloche, Iguazu, Galapagos Ecological Airport, and Florence Airport. The company was founded in 1998 and is headquartered in Luxembourg.

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Corporacion America Airports (CAAP) posts strong Q4 results and unveils strategic growth plans

Corporacion America Airports (CAAP) delivered a robust performance in Q4 2022, marked by revenue growth, passenger traffic recovery, and operational achievements. While facing industry challenges and uncertainties, the company remains focused on optimizing its cost structure and pursuing strategic opportunities for expansion and growth. CAAP's resilience, service excellence, and strategic vision position it well for future success in the aviation sector.

Corporacion America Airports achieves record EBITDA, eyes growth opportunities

Corporacion America Airports (CAAP) delivered a strong performance in Q1 2023, marked by record EBITDA and revenue growth, supported by efficient cost management.
The company showcased strengths in revenue generation, operational improvements, and financial stability, while acknowledging challenges in managing growth and market uncertainties.
With a focus on growth opportunities, financing strategies, and operational enhancements, CAAP aims to navigate challenges and drive sustainable expansion in the aviation sector.

Corporacion America Airports reports record earnings, eyes expansion opportunities

Corporacion America Airports (CAAP) showcased robust financial performance with record adjusted EBITDA and revenue growth driven by passenger and cargo operations.
Despite challenges in some markets and cost increases, CAAP's strong liquidity position, low leverage ratio, and focus on ESG practices position it well for future growth.
Opportunities lie in expanding into new markets, enhancing ESG efforts, and leveraging recovery trends to drive further growth and operational improvements.
CAAP's strategic focus on financial performance, operational efficiency, and sustainable growth sets a positive trajectory for the company's future endeavors.

Corporacion America Airports (CAAP) reports stellar Q3 performance and eyes strategic growth opportunities

Corporacion America Airports (CAAP) delivered a strong quarter with robust revenue growth and improved financial metrics, driven by a recovery in passenger and cargo traffic.
Despite challenges such as rising costs and uncertainties in certain markets, CAAP's diversified geographic presence and strategic focus offer opportunities for sustained growth.
Maintaining a strong liquidity position, reducing net debt, and focusing on operational efficiency position CAAP well to navigate challenges and capitalize on emerging opportunities.

Corporacion America Airports (CAAP) excels in 2023 performance and expansion

Corporacion America Airports (CAAP) reported a robust performance in Q4 and full-year 2023, driven by growth in passenger traffic and revenue.
The company's focus on airport expansions, commercial strategy enhancements, and financial discipline positions it well for future opportunities.
While facing challenges such as policy uncertainties and economic fluctuations, CAAP remains optimistic about growth prospects and strategic initiatives.

Corporacion America Airports (CAAP) posts strong Q1 results and secures key strategic wins

Corporacion America Airports (CAAP) reported a robust Q1 performance with revenue and EBITDA growth, driven by strong passenger and cargo volumes. While facing challenges in certain regions, the company's strategic achievements and solid financial position offer opportunities for future growth and expansion.

Corporacion America Airports reports resilient Q2 performance amidst challenges

Corporacion America Airports navigated challenges in Argentina and Brazil with resilience, reporting stable revenues and strong performance in select regions.
Despite a decline in total passenger traffic, the company maintained financial discipline, achieving a record low net leverage ratio and securing $549 million in total liquidity.
Operational strengths in Italy and Uruguay offset challenges in Argentina, while strategic initiatives like the $400 million CapEx plan and new master plan for Florence Airport signal growth opportunities.
Investors should monitor how the company leverages its financial stability to capitalize on opportunities and address challenges in the evolving aviation industry landscape.

Corporacion America Airports reports stable revenue amidst EBITDA decline

Corporacion America Airports (CAAP) navigated challenges in Q3 with stable revenue but faced an EBITDA decline due to increased costs and external factors.
Despite headwinds, CAAP's diversified traffic trends and strategic focus on financial flexibility position it well for future growth opportunities.
The company remains committed to creating shareholder value through prudent financial management, ongoing projects, and capitalizing on positive traffic dynamics.

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Corporación America Airports is a leading private operator of 53 airports across 6 countries. We cover some attractive narratives surrounding CAAP. We pick out the important talking points ahead of CAAP's Q3 results due to be announced on November 15.

Corporacion America Airports - A Lot To Like, But Not Yet A Buy

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), one of the leading private airport operators in the world, today announced that it will report its Third Quarter 2023 results on Wednesday, November 15, after market closes. We remind all participants to connect through the telephone in order to ask questions. Earnings Release Wednesday, November 15, 2023 Time: After Market Closes Conference Call Thursday, November 16, 2023 Time: 09:00 am Eastern Time Executives Mr. Ma.

Corporación América Airports Announces Third Quarter 2023 Financial Results Call and Webcast

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LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”), one of the leading private airport operators in the world, reported today a 15.7% year-on-year (YoY) increase in passenger traffic in September 2023, reaching 98.9% of September 2019 levels. Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2023 vs. 2022)   Statistics Sep'23 Sep'22 % Var.   YTD'23 YTD'22 % Var. Domestic Passengers (thousands) 3,844 3,226 19.2%   33,856 27,465.

Corporación América Airports S.A. Reports September 2023 Passenger Traffic

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LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”), one of the leading private airport operators in the world, reported today a 18.7% year-on-year (YoY) increase in passenger traffic in August 2023, reaching 98.7% of August 2019 levels. Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2023 vs. 2022)   Statistics Aug'23 Aug'22 % Var.   YTD'23 YTD'22 % Var. Domestic Passengers (thousands) 4,108 3,451 19.0%   30,012 24,239 23.8%.

Corporación América Airports S.A. Reports August 2023 Passenger Traffic

CAAP reported strong financial results, with sales up 1% compared to pre-pandemic levels and passenger traffic reaching 98.6% of pre-pandemic levels. Despite the rally in the stock, we still think they are undervalued relative to its peers. The company has a positive outlook with plans to recover international traffic, negotiate expansions, and close concessions.

Corporacion America Airports: Quality Operator Trading At A Discount

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Corporación América Airports S.A. (NYSE:CAAP ) Q2 2023 Earnings Call Transcript August 18, 2023 10:00 AM ET Company Participants Patricio Inaki Esnaola - Head of IR Martin Eurnekian - CEO Jorge Arruda - CFO Conference Call Participants Jay Singh - Citi Operator Good morning, and welcome to the Corporación América Airports Second Quarter 2023 Earnings Conference Call.

Corporación América Airports S.A. (CAAP) Q2 2023 Earnings Call Transcript

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) one of the leading private airport operators in the world, reported today its unaudited, consolidated results for the three and six-month period ended June 30, 2023. Financial results are expressed in millions of U.S. dollars and are prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (“IASB”). Commencing 3Q18.

Corporacion America Airports Reports Second Quarter 2023 Results

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”), one of the leading private airport operators in the world, reported today a 22.1% year-on-year (YoY) increase in passenger traffic in July 2023, reaching 96.3% of July 2019 levels. Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2023 vs. 2022) Statistics Jul'23 Jul'22 % Var.   YTD'23 YTD'22 % Var. Domestic Passengers (thousands) 4,225 3,512 20.3%   25,904 20,788 24.6% Inter.

Corporación América Airports S.A. Reports July 2023 Passenger Traffic

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), one of the leading private airport operators in the world, today announced that it will report its Second Quarter 2023 results on Thursday, August 17, after market closes. We remind all participants to connect through the telephone in order to ask questions. Earnings Release Thursday, August 17, 2023 Time: After Market Closes Conference Call Friday, August 18, 2023 Time: 10:00 am Eastern Time Executives Mr. Martín Eurn.

Corporación América Airports Announces Second Quarter 2023 Financial Results Call and Webcast

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I've been a longtime bull on multinational airport operator Corporacion America Airports S.A. and shares are up sharply over the past two years. Despite that, I believe the stock is still materially mispriced. I expect shares to trade above their IPO price in the coming months thanks to growing traffic, rising profitability, and a political catalyst.

Why Corporacion America Airports Is Still Undervalued

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) a leading private airport operator in the world, reported today a 32.4% year-on-year (YoY) increase in passenger traffic in June 2023, surpassing pre-pandemic levels of June 2019 by 2.6% for the first time. Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2023 vs. 2022)   Statistics Jun'23 Jun'22 % Var.   YTD'23 YTD'22 % Var.   Domestic Passengers (thousands) 3,812 2,882 32.3.

Corporación América Airports S.A. Reports June 2023 Passenger Traffic

Corporación América Airports is up 100% from its 52-week low as global travel volume continues to rebound. The company operates 53 airports in 6 countries, with Argentina being its primary focus, generating over 60% of total revenue. Most of its airports are located in popular destinations and are well-positioned to benefit from the favorable travel trends.

Corporacion America Airports: Riding Favorable Travel Trends

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) a leading private airport operator in the world, reported today a 29.6% YoY increase in passenger traffic in May 2023, reaching 97.9% of May 2019 levels. Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2023 vs. 2022) Statistics May'23 May'22 % Var.   YTD'23 YTD'22 % Var.   Domestic Passengers (thousands) 3,735 2,966 25.9%   17,867 14,394 24.1%   International Passengers (tho.

Corporación América Airports S.A. Reports May 2023 Passenger Traffic

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Corporación América Airports S.A. (NYSE:CAAP ) Q1 2023 Earnings Conference Call May 24, 2023 10:00 AM ET Company Participants Patricio Iñaki Esnaola - Head of Investor Relations Martin Eurnekian - Chief Executive Officer Jorge Arruda - Chief Financial Officer Conference Call Participants Alejandro Demichelis - Nau Securities Stephen Trent - Citi Peter Bowley - Bank of America Operator Good morning, everyone, and welcome to the Corporación América Airports First Quarter '23 Earnings Conference Call.

Corporación América Airports S.A. (CAAP) Q1 2023 Earnings Call Transcript

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) one of the leading private airport operators in the world, reported today its unaudited, consolidated results for the three-month period ended March 31, 2023 (first quarter 2023). Financial results are expressed in millions of U.S. dollars and are prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (“IASB”). C.

Corporacion America Airports Reports First Quarter 2023 Results

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), a leading private airport operator in the world, today announced that it will report its First Quarter 2023 results on Tuesday, May 23, after market closes. We remind all participants to connect through the telephone in order to ask questions. Earnings Release Tuesday, May 23, 2023 Time: After Market Closes Conference Call Wednesday, May 24, 2023 Time: 10:00 am Eastern Time Executives Mr. Martín Eurnekian, Chief Execut.

Corporación América Airports Announces First Quarter 2023 Financial Results Call and Webcast

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) a leading private airport operator in the world, reported today a 29.8% YoY increase in passenger traffic in April 2023, reaching 95.4% of April 2019 levels. Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2023 vs. 2022)   Statistics Apr'23 Apr'22 % Var.   YTD'23 YTD'22 % Var.   Domestic Passengers (thousands) 3,608 2,953 22.2%   14,132 11,428 23.7%   International Passenger.

Corporación América Airports S.A. Reports April 2023 Passenger Traffic

Corporación América Airports Experiencing Strong Demand Recovery.

Corporación América Airports Experiencing Strong Demand Recovery

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) a leading private airport operator in the world, reported today a 33.6% YoY increase in passenger traffic in March 2023, reaching 91.7% of March 2019 levels. Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2023 vs. 2022)     Statistics Mar'23 Mar'22 % Var.   YTD'23 YTD'22 % Var. Domestic Passengers (thousands) 3,644 2,965 22.9%   10,525 8,475 24.

Corporación América Airports S.A. Reports March 2023 Passenger Traffic

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”), a leading private airport operator in the world, hereby announces that on March 31, 2023, the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 (the “2022 Annual Report”) with the Securities and Exchange Commission (the “SEC”). The 2022 Annual Report can be accessed by visiting either the SEC's website at www.sec.

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