In a recent filing with the United States Securities and Exchange Commission (SEC), Southeast Airport Group, formally known as Grupo Aeroportuario del Sureste (NYSE:ASR), S.A.B. de C.V., provided an update for September 2024. The filing, made today, follows the guidelines for a foreign private issuer as stipulated by the SEC.
The company, which operates within the airports, flying fields, and airport terminal services industry, has its principal executive offices located in Mexico City. According to the document, Southeast Airport Group has confirmed its adherence to filing annual reports under the cover of Form 20-F, which is designated for foreign private issuers.
The CEO of Southeast Airport Group, Adolfo Castro Rivas, signed the report, ensuring compliance with the SEC's regulations. The company's business address and contact information, located in Bosques de las Lomas, Mexico, were also provided in the filing.
In other recent news, Grupo Aeroportuario del Sureste (ASUR) has reported solid growth in the second quarter of 2024. Despite facing challenges, the Mexican airport operator highlighted a year-on-year passenger traffic increase of 3%, driven primarily by strong performance in Colombia and Puerto Rico. In addition, the company's total revenues saw a significant rise, increasing by nearly 18% to MXN 7 billion, and commercial revenues experienced a 7% boost across all regions.
ASUR is currently dealing with the Pratt & Whitney engine recall and monitoring potential impacts from the US election campaign. The company's cash balance is primarily in US dollars, with a significant portion being approximately $400 million. Furthermore, ASUR distributed dividends of MXN 6.3 billion to shareholders in recent months.
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