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Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) Issues Updated FY15 Outlook

July 27, 2015 9:46 AM EDT

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC) nnounces updated guidance figures for the twelve-month period of 2015 (January 1 to December 31):

GAP INTERNATIONAL1
Traffic 23.0% - 25.0%
Aeronautical Revenue 38.0% - 40.0%
Non-Aeronautical Revenue 38.0% - 40.0%
Total Revenue 38.0% - 40.0%
EBITDA 35.0% - 37.0%
EBITDA margin 68.0% - 69.0%
Total CAPEX Ps. 1,540 million

The above figures are estimates on current assumptions that GAP management believes are reasonable and are subject to change over the course of the year based on various factors including: airline performance, domestic and international economic conditions, government regulations, as well as a number of other factors that could affect GAP’s traffic and financial results. Please refer to GAP’s Form 20-F for the year ended December 31, 2014, for a more extensive list of factors that could affect results.

EBITDA (earnings before interest expense, income taxes, depreciation and amortization) is not a standardized measure of performance or financial condition under the accounting principles contained in International Financial Reporting Standards (“IFRS”). This measure is not comparable to measures used by other entities.

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1 Including Montego Bay Airport operations in Jamaica. This acquisition was effective in April, 2015



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