Corporación América Airports S.A. (NYSE:CAAP) Q2 2025 Earnings Conference Call August 21, 2025 10:00 AM ET
Company Participants
Jorge Arruda Filho – Chief Financial Officer
Martin Francisco Antranik Eurnekian Bonnarens – CEO & Director
Patricio Inaki Esnaola – Investor Relations Manager
Conference Call Participants
Guilherme G. Mendes – JPMorgan Chase & Co, Research Division
Operator
Good morning, and welcome to the Corporación América Airports’ Second Quarter 2025 Conference Call. A slide presentation accompanies today’s webcast and is available in the investors section of the company’s website. [Operator Instructions]
At this time, I would like to turn the call over to Patricio Iñaki Esnaola, Head of Investor Relations. Patricio, please go ahead.
Patricio Inaki Esnaola
Thank you. Good morning, everyone, and thank you for joining us today. Speaking during today’s call will be Martin Eurnekian, our Chief Executive Officer; and Jorge Arruda; our Chief Financial Officer.
Before we proceed, I would like to make the following safe harbor statement. Today’s call will contain forward-looking statements, and I refer you to the forward-looking statements section of our earnings release and recent filings with the SEC. We assume no obligation to update or revise any forward-looking statements to reflect new or changed events or circumstances. Please note that throughout the call, all references to revenues, costs, adjusted EBITDA margin will refer to figures excluding IFRIC 12.
I will now turn the call over to our CEO, Martin Eurnekian.
Martin Francisco Antranik Eurnekian Bonnarens
Thank you, Iñaki. Good day, everyone, and thank you for joining us today. I am pleased to report an excellent quarter for CAAP. Passenger traffic was up almost 14% from last year, with strong growth in the great majority of our markets. Argentina had a standout performance, keeping a new second quarter historical record with double-digit increases in both international and domestic travels. We also saw solid gains in Brazil, Italy, Uruguay and
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