Grupo Aeroportuario del Centro Norte Reports Q2 Earnings with Mixed Traffic Trends
Grupo Aeroportuario del Centro Norte (OMAB) reported mixed second-quarter results for 2026. Passenger traffic rose slightly by 0.4% to 7.2 million, driven primarily by domestic travel growth of 0.6%, while international traffic declined 1.2%. Adjusted EBITDA increased 6.2% year-over-year to MXN 2.7 billion and net income grew 10.2% to MXN 1.5 billion due to revenue gains and cost control, resulting in an adjusted EBITDA margin of 75.2%. The company plans investments between MXN 3.5–4 billion for expansion projects including cargo operations and new hotel developments. Management expects full-year traffic growth to remain flat or see low-single-digit increases as airlines adjust capacity amid higher fuel prices. OMA also issued MXN 3 billion in long-term notes, maintaining a net debt-to-adjusted EBITDA ratio of 1.1 times. Environmental efforts have led to an 88% reduction in Scope 1 and 2 emissions per passenger since 2018.
Tickers: $OMAB
Topics: airports capital_expenditure ebitda_growth passenger_traffic revenue_growth