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OMA Reports Revenue Growth Amid Traffic Dip

OMA Reports Revenue Growth Amid Traffic Dip

Grupo Aeroportuario Del Centro (OMAB) has released an update.

Grupo Aeroportuario del Centro Norte, known as OMA, reported a decrease in passenger traffic by 1.5% in the first quarter of 2024 compared to the previous year, with a total of 5.9 million passengers. Despite the drop in traffic, the company saw a 7.2% increase in combined aeronautical and non-aeronautical revenues and a 3.1% rise in Adjusted EBITDA, reaching Ps.2,043 million. Notably, OMA’s capital investments and major maintenance works were reported at Ps.1,110 million for the quarter.

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

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