Corporacion America Airports’ Soaring Q1 2024 Performance
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Corporacion America Airports’ Soaring Q1 2024 Performance

Corporacion America Airports SA (CAAP) has released an update.

Corporacion America Airports SA reported a robust first quarter in 2024, with a 2.6% increase in passenger traffic and a significant 12.4% rise in consolidated revenues excluding IFRIC12. Adjusted EBITDA saw a notable improvement, jumping 16.4% to $163.2 million, reflecting a strong operational performance and efficient execution. The company’s growth was attributed to positive travel demand and strategic expansions, with notable achievements in Uruguay and Peru.

For further insights into CAAP stock, check out TipRanks’ Stock Analysis page.

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