Corporacion America Airports’ rising performance in the first quarter of 2024

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% increase in consolidated revenues excluding IFRIC12. Adjusted EBITDA showed notable improvement, increasing 16.4% to $163.2 million, reflecting strong operational performance and efficient execution. The company’s growth was attributed to positive travel demand and strategic expansions, with notable performances in Uruguay and Peru.

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