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Grupo Aeroportuario del Centro Norte SAB de CV GAERF

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Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

Company Profile

Business Description

Grupo Aeroportuario del Centro Norte operates 13 airports in the central region of Mexico. Approximately 88% of total passengers are domestic, the largest percentage among its publicly traded peers in Mexico, and the company operates no airports outside Mexico. The largest airport is in Monterrey, which serves nearly half of the company’s total passengers. In addition, the company manages two hotels and one industrial park. Passenger traffic in 2019 was 23.17 million people.

Contact
Avenue Patriotismo 201, Plaza Metropoli Patriotismo, 5th Floor
Benito Juarez, MEX, 03800, Mexico
T +52 8186254300
Sector Industrials
Industry Airports & Air Services
Most Recent Earnings Mar 31, 2021
Fiscal Year End Dec 31, 2021
Stock Type —
Employees 1,003

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