ASUR 1Q08 Passenger Traffic Up 18.17% YOY
MEXICO CITY, April 22 /PRNewswire-FirstCall/ — Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR), (ASUR) the first privatized airport group in Mexico and operator of Cancun Airport and eight other airports in southeast Mexico, today announced results for the three-month period ended March 31, 2008.
1Q08 Highlights(1): — EBITDA(2) increased by 28.45% to Ps.583.0 million. — Total passenger traffic up 18.17%. — Total revenues rose by 23.98%, mainly due to increases of 44.80% in non-aeronautical revenues and 16.25% in aeronautical revenues. — Commercial revenues per passenger rose by 28.29% to Ps.45.94 per passenger. — Operating profit increased by 33.70%. — EBITDA margin was 67.02% compared with 64.68% in 1Q07. 1. Unless otherwise stated, all financial figures discussed in this announcement are unaudited, prepared in accordance with Mexican Financial Reporting Standards and represent comparisons between the three-month periods ended March 31, 2008, and the equivalent three-month period ended March 31, 2007. Results for 1Q07 are expressed in constant Mexican pesos as of December 31, 2007, while 1Q08 results are in nominal pesos. Tables state figures in thousands of pesos, unless otherwise noted. Passenger figures exclude transit and general aviation passengers. Commercial revenues include revenues from the activities of non-permanent ground transportation and parking lots. All U.S. dollar figures are calculated at the exchange rate of US$1 = Ps.10.6482. 2. EBITDA means net income before: provision for taxes, deferred taxes, deferred employees profit sharing, non-ordinary items, comprehensive financing cost, and depreciation and amortization. EBITDA should not be considered as an alternative to net income, as an indicator of our operating performance, or as an alternative to cash flow as an indicator of liquidity. Our management believes that EBITDA provides a useful measure of our performance that is widely used by investors and analysts to evaluate our performance and compare it with other companies. EBITDA is not defined under U.S. GAAP, and may be calculated differently by different companies. Passenger Traffic
For the first quarter of 2008, total passenger traffic increased year-over-year by 18.17%. Domestic passenger traffic increased by 27.39% and international passenger traffic rose by 13.27%.
The 13.27% rise in international passenger traffic resulted mainly from the 13.83% increase at the Cancun airport.
The 27.39% rise in domestic passenger traffic resulted mainly from increases of 30.05%, 65.73%, 34.60%, 24.08% and 43.22% at the Cancun, Cozumel, Merida, Oaxaca and Villahermosa airports, respectively.
The increase in domestic traffic was principally due to strong demand for air travel in Mexico and to the opening of new airline services at several of our airports. The Easter and Holy week holidays, both of which fell in the first quarter this year, also contributed to the increase. In 2007 both holiday weeks fell in the second quarter.
Table I: Domestic Passengers (in thousands) Airport 1Q07 1Q08 Change Cancun 603.7 785.1 30.05 Cozumel 14.3 23.7 65.73 Huatulco 65.6 64.8 (1.22) Merida 233.8 314.7 34.60 Minatitlan 42.6 38.3 (10.09) Oaxaca 105.5 130.9 24.08 Tapachula 52.2 61.1 17.05 Veracruz 190.9 221.8 16.19 Villahermosa 168.2 240.9 43.22 TOTAL 1,476.8 1,881.3 27.39 Note: Passenger figures exclude transit and general aviation passengers. Table II: International Passengers (in thousands) Airport 1Q07 1Q08 % Change Cancun 2,515.5 2,863.5 13.83 Cozumel 143.6 149.5 4.11 Huatulco 42.7 50.3 17.80 Merida 36.5 35.4 (3.01) Minatitlan 0.8 1.0 25.00 Oaxaca 9.6 13.5 40.63 Tapachula 1.2 1.4 16.67 Veracruz 15.0 17.4 16.00 Villahermosa 11.2 12.5 10.62 TOTAL 2,776.2 3,144.5 13.27 Note: Passenger figures exclude transit and general aviation passengers. Table III: Total Passengers (in thousands) Airport 1Q07 1Q08 % Change Cancun 3,119.2 3,648.6 16.97 Cozumel 157.9 173.2 9.69 Huatulco 108.3 115.1 6.28 Merida 270.3 350.1 29.52 Minatitlan 43.4 39.3 (9.45) Oaxaca 115.1 144.4 25.46 Tapachula 53.4 62.5 17.04 Veracruz 205.9 239.2 16.17 Villahermosa 179.5 253.4 41.17 TOTAL 4,253.0 5,025.8 18.17 Note: Passenger figures exclude transit and general aviation passengers. Consolidated Results for 1Q08
Total revenues for 1Q08 increased year-over-year by 23.98% to Ps.869.9 million. This was mainly due to increases of:
— 16.25% in revenues from aeronautical services, principally as a result of the 18.17% rise in passenger traffic; and — 44.80% in revenues from non-aeronautical services, principally as a result of the 51.52% rise in commercial revenues detailed below.
ASUR classifies commercial revenues as those derived from the following activities: duty-free services, car rental, retail, banking and currency exchange, advertising, teleservices, non-permanent ground transportation, food and beverage, and parking lots.
Commercial revenues rose by 51.52% year-over-year during the quarter, principally as a result of revenue increases in the following areas:
— 62.82% increase in duty-free stores; — 81.55% increase in food and beverage; — 47.77% increase in retail operations; — 19.62% increase in parking lots; — 35.55% increase in advertising; — 73.12% increase in banking and currency exchange services; — 31.58% increase in ground transportation; — 10.19% increase in car rental companies; — 40.08% increase in teleservices; and — 67.23% increase in other revenues.
The growth in each of these areas resulted generally from the rise in passenger traffic and in particular from the opening on May 18, 2007 of Cancun Airport’s new Terminal 3, including the following commercial establishments:
Food and Beverage Business Name Type Opening Date Air Margarita Ville Restaurant May 2007 Bubba Gump Restaurant May 2007 Berry Hill Restaurant May 2007 Guacamole Grill Fast Food May 2007 Grab & Go Fast Food May 2007 Pekin Xpress Fast Food May 2007 Johnny Rockets Fast Food May 2007 Domino’s Pizza Fast Food May 2007 Haagen Dazs (2) Ice Cream Parlor May 2007 Starbucks Coffee (2) Coffee Shop May 2007 Retail and Other Commercial Space Business Name Type Opening Date Cancun Aldeasa Duty Free shop May 2007 Cinco Soles Mexican handicraft store May 2007 Farmacia Payless Drugstore May 2007 Sunglass Island Gift shop May 2007 Roger Boots Gift shop May 2007 Pineda Covalin Gift shop May 2007 Harley Davidson Gift shop May 2007 Air Shop 5 Convenience store May 2007 American Express Exchange booth May 2007 Cloe Gift shop September 2007 XpresSpa Spa July 2007 Merida Cloe Gift shop August 2007 Veracruz GoGo Jewelry August 2007 Villahermosa GoGo Jewelry July 2007
Retail revenues continued to benefit from higher concession fees from local craft and specialty shops. The increase in car rental revenues reflect rate increases negotiated in October 2007 and the lease of eight new commercial parking facilities in Terminal 3. The increase in parking lot revenues was partially due to annual rate increases at several airports. Revenues from banking and currency exchange services rose as a result of the opening of new Banco Santander branches at the Cancun, Merida and Veracruz airports.
Total operating costs and expenses for 1Q08 increased 15.62% year over year, primarily as a result of:
— a 15.33% increase in cost of services, primarily reflecting higher energy, maintenance and cleaning costs resulting from the operation of Terminal 3 at Cancun Airport. Costs of services also include marketing expenses in connection with the Company’s participation in promotional fairs; — a 15.28% increase in depreciation and amortization, resulting from the depreciation of investments in fixed assets and improvements made to concession assets; — a 28.14% increase in the cost of technical assistance, reflecting the increase in EBITDA for the quarter (a factor in the calculation of the fee); and — a 24.00% increase in concession fees paid to the Mexican government, mainly due to higher revenues (a factor in the calculation of the fee).
These increases were partially offset by a 3.34% decline in administrative expenses.
Operating margin for the quarter increased to 49.87% from 46.25% in 1Q07. This was mainly the result of the 23.98% increase in total revenues, which more than offset the increase in costs during the period.
Following the changes in Mexican tax law that took effect January 1, 2008, which established a new flat rate business tax (“Impuesto Empresarial a Tasa Unica,” or “IETU”) and eliminated the asset tax, the Company evaluated and reviewed its deferred assets and liabilities position under Mexican Financial Reporting Standards. As a result of this review, the Company created a deferred IETU provision that resulted in a charge to income in the period of Ps.4.86 million.
During 1Q08 the ASUR subsidiaries that pay IETU made provisional tax payments of Ps.16.46 million that were applied to the results for the period.
Main Changes in Accounting Practices
During 1Q08 the Company began implementing several changes in accounting practices as a result of the following changes in Mexican Financial Reporting Standards (NIFs) and Mexican Interim Financial Reporting Standards (INIFs) which became effective on January 1, 2008:
— Pursuant to NIF B-10, inflation accounting is not applicable for 2008. The most significant impact of this change is that the result from monetary position is not determined for 2008. Under NIF B-10, inflation accounting will henceforth apply only during periods in which the cumulative inflation rate over the previous three years equals, or exceeds, 26%. As a result of this change, results for 1Q08 are expressed in nominal pesos. — To address issues relating to the transition to NIF B-10, the comparative figures for 1Q07 will continue to be expressed in constant pesos as of December 31, 2007 pursuant to INIF 9. — The decline in deferred income taxes resulted principally from the elimination, as of December 31, 2007 of the deferred income tax provision for the airport subsidiaries that are expected to pay IETU. Additionally, the results reflect a decrease in timing differences in the calculation of fixed asset values. — The “Statement of Cash Flows” replaces the “Statement of Changes in Financial Position” pursuant to NIF B2. Therefore, the cash flow figures presented for 1Q08 may not be directly comparable with the cash flow figures presented for 1Q07.
For 1Q08 the Company reported net income of Ps.352.07 million, compared with net income of Ps.229.69 million in 1Q07. Earnings per common share for the quarter were Ps.1.1736, or earnings per ADS (EPADS) of US$1.1021 (one ADS represents ten series B common shares). This compares with Ps.0.7656, or EPADS of US$0.7190, for the same period last year.
Table IV: Summary of Consolidated Results for 1Q08 1Q07 1Q08 % Change Total Revenues 701,615 869,890 23.98 Aeronautical Services 511,571 594,715 16.25 Non-Aeronautical Services 190,044 275,175 44.80 Commercial Revenues 155,507 235,629 51.52 Operating Profit 324,486 433,848 33.70 Operating Margin % 46.25% 49.87% 7.82% EBITDA 453,838 582,963 28.45 EBITDA Margin % 64.68% 67.02% 3.60% Net Income 229,691 352,076 53.28 Earnings per Share 0.7656 1.1736 53.28 Earnings per ADS in US$ 0.7190 1.1021 53.28
Note: Figures for 1Q07 are expressed in thousands of constant Mexican pesos as of December 31, 2007, while figures for 1Q08 are in thousands of nominal pesos. U.S. dollar figures are calculated at the exchange rate of US$1 = Ps. 10.6482.
Table V: Commercial Revenues per Passenger for 1Q08 1Q07 1Q08 % Change Total Passengers (’000) 4,343 5,129 18.10 Total Commercial Revenues 155,507 235,629 51.52 Commercial revenues from direct operations (1) 25,175 39,391 56.47 Commercial revenues excluding direct operations 130,332 196,238 50.57 Total Commercial Revenue per Passenger 35.81 45.94 28.29 Commercial revenue from direct operations per passenger (1) 5.80 7.68 32.41 Commercial revenue per passenger (excluding direct operations) 30.01 38.26 27.49 Note: For purposes of this table, approximately 89,700 and 103,000 transit and general aviation passengers are included for 1Q07 and 1Q08, respectively. Revenue figures for 1Q07 are expressed in thousands of constant Mexican pesos as of December 31, 2007, while revenue figures for 1Q08 are in thousands of nominal pesos. (1) Revenues from direct commercial operations represent solely the operation of ten convenience stores, which started operations in May 2007, as well as the direct commercialization of advertising space, which started in August 2006. Table VI: Operating Costs and Expenses for 1Q08 1Q07 1Q08 % Change Cost of Services 162,269 187,147 15.33 Administrative 26,486 25,602 (3.34) Technical Assistance 23,943 30,681 28.14 Concession Fees 35,079 43,497 24.00 Depreciation and Amortization 129,352 149,115 15.28 TOTAL 377,129 436,042 15.62 Note: Figures for 1Q07 are expressed in thousands of constant Mexican pesos as of December 31, 2007, while figures for 1Q08 are in thousands of nominal pesos. Tariff Regulation
The Mexican Ministry of Communications and Transportation regulates the majority of ASUR’s activities by setting maximum rates, which represent the rates for the maximum possible revenues allowed per traffic unit at each airport.
ASUR’s regulated revenues for 1Q08 were Ps.614.9 million, resulting in an annual average tariff per workload unit of Ps.98.46. ASUR’s regulated revenues accounted for approximately 70.69% of total income for the period. The Mexican Ministry of Communications and Transportation reviews compliance with the maximum rates on an annual basis at the close of each year.
Balance Sheet
On March 31, 2008, Airport Facility Usage Rights and Airport Concessions represented 79.21% of the Company’s total assets, with current assets representing 17.07% and other assets representing 3.72%.
On December 31, 2008, cash and marketable securities were Ps.2,916.41 million. On the same date, shareholder’s equity was Ps.14,857.60 million and total liabilities were Ps.2,230.37 million, representing 86.95% and 13.05% of total assets, respectively. Total deferred liabilities represented 86.78% of the Company’s total liabilities.
Capex
During the quarter, ASUR made investments of Ps.111.88 million as part of ASUR’s ongoing plan to modernize its airports pursuant to its master development plans.
1Q08 Earnings Conference Call Day: Wednesday, April 23, 2008 Time: 10:00 AM US EDT; 9:00 AM Mexico City time Dial-in number: (888) 713-4214 (US & Canada) and (617) 213-4866 (International & Mexico) Access Code: 81765217 Pre-registration: If you would like to pre-register for the conference call use the following link: https://www.theconferencingservice.com/prereg/key.process?key=PLMPCWMGL Pre-registering is not mandatory but is recommended as it will provide you immediate entry into the call and will facilitate the timely start of the conference. You will receive a code that allows you to enter the call directly. Pre-registration only takes a few moments, and you may do so at any time, including up to and after call start time. To pre-register, please click the link above. Alternatively, if you would rather be placed into the call by an operator, please call at least 10 minutes prior to call start time. Replay: Starting Wednesday, April 23, 2008 at 12:00 PM US EDT, ending at midnight US EDT on Wednesday, April 30, 2008. Dial-in number: (888)286-8010 (US & Canada); (617) 801-6888 (International & Mexico). Access Code: 15242869. About ASUR:
Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) is a Mexican airport operator with concessions to operate, maintain and develop the airports of Cancun, Merida, Cozumel, Villahermosa, Oaxaca, Veracruz, Huatulco, Tapachula and Minatitlan in the southeast of Mexico. The Company is listed both on the NYSE in the U.S., where it trades under the symbol ASR, and on the Mexican Bolsa, where it trades under the symbol ASUR. One ADS represents ten (10) series B shares.
Some of the statements contained in this press release discuss future expectations or state other forward-looking information. Those statements are subject to risks identified in this press release and in ASUR’s filings with the SEC. Actual developments could differ significantly from those contemplated in these forward-looking statements. The forward-looking information is based on various factors and was derived using numerous assumptions. Our forward-looking statements speak only as of the date they are made and, except as may be required by applicable law, we do not have an obligation to update or revise them, whether as a result of new information, future or otherwise.
TABLES TO FOLLOW Grupo Aeroportuario del Sureste, S.A.B. de C.V. Operating Results per Airport Thousands of Mexican pesos Item 2007 2008 % change Cancun Aeronautical Revenues 387,853 445,866 14.96 Non-Aeronautical Revenues 154,762 232,695 50.36 Operating Profit 303,836 359,206 18.22 EBITDA 385,165 455,740 18.32 Cozumel Aeronautical Revenues 20,440 22,190 8.56 Non-Aeronautical Revenues 5,191 6,128 18.05 Operating Profit 6,996 7,022 0.37 EBITDA 14,861 15,209 2.34 Merida Aeronautical Revenues 26,999 34,087 26.25 Non-Aeronautical Revenues 10,460 13,110 25.33 Operating Profit 5,867 10,096 72.08 EBITDA 15,908 21,825 37.20 Villahermosa Aeronautical Revenues 19,066 27,470 44.08 Non-Aeronautical Revenues 5,924 7,469 26.08 Operating Profit 4,226 10,895 157.81 EBITDA 11,903 18,935 59.08 Others Aeronautical Revenues 57,213 65,102 13.79 Non-Aeronautical Revenues 13,707 15,773 15.07 Operating Profit 3,561 46,629 1,209.44 EBITDA 26,001 71,254 174.04 Group Aeronautical Revenues 511,571 594,715 16.25 Non-Aeronautical Revenues 190,044 275,175 44.80 Operating Profit 324,486 433,848 33.70 EBITDA 453,838 582,963 28.45 Grupo Aeroportuario del Sureste, S.A.B. de C.V. Operating Results per Airport Thousands of Mexican pesos Item 1Q 2007 1Q 2008 % change Cancun Aeronautical Revenues 387,853 445,866 14.96 Non-Aeronautical Revenues 154,762 232,695 50.36 Operating Profit 303,836 359,206 18.22 EBITDA 385,165 455,740 18.32 Cozumel Aeronautical Revenues 20,440 22,190 8.56 Non-Aeronautical Revenues 5,191 6,128 18.05 Operating Profit 6,996 7,022 0.37 EBITDA 14,861 15,209 2.34 Merida Aeronautical Revenues 26,999 34,087 26.25 Non-Aeronautical Revenues 10,460 13,110 25.33 Operating Profit 5,867 10,096 72.08 EBITDA 15,908 21,825 37.20 Villahermosa Aeronautical Revenues 19,066 27,470 44.08 Non-Aeronautical Revenues 5,924 7,469 26.08 Operating Profit 4,226 10,895 157.81 EBITDA 11,903 18,935 59.08 Others Aeronautical Revenues 57,213 65,102 13.79 Non-Aeronautical Revenues 13,707 15,773 15.07 Operating Profit 3,561 46,629 1,209.44 EBITDA 26,001 71,254 174.04 Group Aeronautical Revenues 511,571 594,715 16.25 Non-Aeronautical Revenues 190,044 275,175 44.80 Operating Profit 324,486 433,848 33.70 EBITDA 453,838 582,963 28.45
Note: During 3Q07 ASUR signed an intercompany agreement that recognized the obligation to operate the nine concessions jointly.
Grupo Aeroportuario del Sureste, S.A.B. de C.V. Consolidated Balance Sheet as of March 31, 2008 and 2007 Thousands of Mexican pesos.
Results for 1Q07 are expressed in constant Mexican pesos as of December 31,
2007, while 1Q08 results are in nominal pesos March 2007 March 2008 Variation % A s s e t s Current Assets Cash and cash equivalents 1,488,251 2,313,814 825,563 55.47 Trade receivables, net 281,106 365,648 84,542 30.07 Recoverable taxes and other current assets 90,767 236,954 146,187 161.06 Total Current Assets 1,860,124 2,916,416 1,056,292 56.79 Fixed Assets Machinery, furniture and equipment, net 267,725 273,450 5,725 2.14 Rights to use airport facilities, net 2,231,129 2,173,322 (57,807) (2.59) Improvements to use airport facilities, net 2,115,200 3,099,330 984,130 46.53 Constructions in process 974,938 276,470 (698,468) (71.64) Others 101,464 67,831 (33,633) (33.15) Total Fixed Assets 5,690,456 5,890,403 199,947 3.51 Deferred Assets Airports concessions, net 8,191,558 7,986,681 (204,877) (2.50) Deferred income taxes – – – – Deferred flat rate business tax – 210,525 210,525 – Other 104,079 83,951 (20,128) (19.34) Total Deferred Assets 8,295,637 8,281,157 (14,480) (0.17) Total Assets 15,846,217 17,087,976 1,241,759 7.84 Liabilities and Stockholders’ Equity Current Liabilities Trade accounts payable 15,927 14,402 (1,525) (9.57) Notes payable – – – – Accrued expenses and others payables 253,110 261,637 8,527 3.37 Total Current Liabilities 269,037 276,039 7,002 2.60 Long term liabilities Other 17,821 18,690 869 4.88 Deferred income taxes 979,344 1,185,881 206,537 21.09 Deferred flat rate business tax – 704,500 704,500 – Deferred employees profit sharing 38,514 37,496 (1,018) (2.64) Labor obligations 8,524 7,767 (757) (8.88) Total Long Term Liabilities 1,044,203 1,954,334 910,131 87.16 Total Liabilities 1,313,240 2,230,373 917,133 69.84 Stockholders’ Equity Capital stock 12,799,204 12,799,204 – – Legal reserve 140,786 167,926 27,140 19.28 Share repurchase reserve 808,965 – (808,965) (100.00) Net income for the period 229,691 352,076 122,385 53.28 Retained earnings 554,331 1,538,397 984,066 177.52 Total Stockholders’ Equity 14,532,977 14,857,603 324,626 2.23 Total Liabilities and Stockholders’ Equity 15,846,217 17,087,976 1,241,759 7.84 Grupo Aeroportuario del Sureste, S.A.B. de C.V. Consolidated Statement of Income from January 1st to March 31st, 2008 and 2007 Thousands of Mexican pesos
Results for 1Q07 are expressed in constant Mexican pesos as of December 31,
2007, while 1Q08 results are in nominal pesos. Cumu- Cumu- Varia- Varia- lative lative tion tion 2007 2008 % 1Q 2007 1Q 2008 % Revenues Aeronautical Services 511,571 594,715 16.25 511,571 594,715 16.25 Non-Aeronautical Services 190,044 275,175 44.80 190,044 275,175 44.80 Total Revenues 701,615 869,890 23.98 701,615 869,890 23.98 Operating Expenses Cost of services 162,269 187,147 15.33 162,269 187,147 15.33 General and administrative expenses 26,486 25,602 (3.34) 26,486 25,602 (3.34) Technical assistance 23,943 30,681 28.14 23,943 30,681 28.14 Concession fee 35,079 43,497 24.00 35,079 43,497 24.00 Depreciation and amortization 129,352 149,115 15.28 129,352 149,115 15.28 Total Operating Expenses 377,129 436,042 15.62 377,129 436,042 15.62 Comprehensive Financing Result 4,110 37,193 804.94 4,110 37,193 804.94 Non Ordinary Item Non Ordinary Item – 531 – – 531 – Income Before Income Taxes 328,596 470,510 43.19 328,596 470,510 43.19 Current income taxes and flat rate business tax 6,003 28,699 378.08 6,003 28,699 378.08 Deferred income taxes 92,902 84,902 (8.61) 92,902 84,902 (8.61) Deferred flat rate business tax – 4,833 – – 4,833 – Net Income for the Year 229,691 352,076 53.28 229,691 352,076 53.28 Earning per share 0.7656 1.1736 53.28 0.7656 1.1736 53.28 Earning per ads usd 0.7190 1.1021 53.28 0.7190 1.1021 53.28 Exchange rate per dollar 10.6482 Grupo Aeroportuario del Sureste, S.A.B. de C.V. Consolidated Statement of Cash flow from January 1st to March 31st, 2008 Thousands of Mexican pesos Cumulative 2008 1Q 2008 Operating Activities Income Before Income Taxes 470,510 470,510 Items related with investing activities: Depreciation and amortization 149,115 149,115 Interest income (54,840) (54,840) Sub Total 564,785 564,785 Increase in trade receivables (86,233) (86,233) Decrease in recoverable taxes and other current assets 19,812 19,812 Decrease in other deferred assets 10,671 10,671 Income tax paid (12,043) (12,043) Decrease in accrued expenses and other payables (51,830) (51,830) Net cash flow provided by operating activities 445,162 445,162 Investing Activities Investment in machinery, furniture and equipment, net (38,410) (38,410) Investment in rights to use airport facilities – – Investment in constructions in process (54,844) (54,844) Investment in others (18,631) (18,631) Interest income 54,840 54,840 Net cash flow provided by investing activities (57,045) (57,045) Excess cash to apply in financing activities: 388,117 388,117 Financing Activities Notes payable Others Net cash flow provided by financing activities – – Net increase in cash and cash equivalents 388,117 388,117 Cash and cash equivalents at beginning of the financial period 1,925,697 1,925,697 Cash and cash equivalents at the end of the financial period 2,313,814 2,313,814
Grupo Aeroportuario del Sureste, S.A.B. de C.V.
CONTACT: In the U.S., Susan Borinelli, +1-646-452-2333,sborinelli@breakstone-group.com, or Maura Gedid, +1-646-452-2335,mgedid@breakstone-group.com, both of Breakstone Group; or, In Mexico, Lic.Adolfo Castro of ASUR, +52-5552-84-04-08, acastro@asur.com.mx