OMA reports annual filings with SEC and CNBV

Published 30/04/2025, 16:12
OMA reports annual filings with SEC and CNBV

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., commonly known as OMA, disclosed its annual filings for the fiscal year ending December 31, 2024, to the U.S. Securities and Exchange Commission (SEC) and Mexico’s National Banking and Securities Commission (CNBV). The operator of 13 international airports in central and northern Mexico, including Monterrey, announced this development on Tuesday, April 29, 2025. The company, currently valued at $4.21 billion, has maintained impressive gross profit margins of 68.55% and received a "GREAT" financial health rating according to InvestingPro analysis.

The filings consist of OMA’s Annual Report and Form 20-F, which are now publicly accessible. Interested parties can download these documents from OMA’s official website, as well as from the websites of the Mexican Stock Exchange and the SEC.

OMA, which has been a part of VINCI Airports since December 2022, operates a network of airports serving various key regions in Mexico. The company is responsible for the management of airports that cater to Mexico’s third-largest metropolitan area of Monterrey, popular tourist destinations such as Acapulco, Mazatlán, and Zihuatanejo, and several other regional and border cities. Additionally, OMA is involved in hospitality, managing the NH Collection Hotel at Mexico City airport’s Terminal 2 and the Hilton Garden Inn at Monterrey airport. InvestingPro analysis reveals that OMA maintains a strong financial position with liquid assets exceeding short-term obligations and operates with a moderate level of debt.

The company employs over 1,200 individuals, focusing on providing airport and commercial services. OMA’s shares are traded on both the Mexican Stock Exchange (BMV:OMA) and on the NASDAQ Global Select Market (NASDAQ:OMAB). The stock has shown strong momentum, delivering a 31.93% return over the past six months and currently offers an attractive dividend yield of 4.36%. For deeper insights into OMA’s valuation and growth potential, investors can access comprehensive analysis through InvestingPro, which offers exclusive financial metrics and expert research reports.

The annual filings are a regulatory requirement, providing investors and the public with crucial information about OMA’s financial performance, operations, and corporate governance. This announcement is based on a press release statement and is intended to inform investors of the availability of these documents for review.

In other recent news, Grupo Aeroportuario del Centro Norte, known as OMA, reported a 9.1% increase in passenger traffic for the first quarter of 2025, reaching 6.4 million passengers. The company’s revenue from both aeronautical and non-aeronautical sources rose by 15.6%, contributing to a net income of Ps.1,292 million, a 19.7% increase compared to the same period last year. OMA’s shareholders approved a significant cash dividend payment of Ps.4,500 million, to be distributed in two installments by the end of May and November 2025. Passenger traffic in March 2025 increased by 11.8% year-over-year, with domestic traffic rising by 11.9% and international traffic by 11.5%. February 2025 saw a 5.2% rise in passenger traffic, driven by a 4.4% increase in domestic travel and a 9.7% jump in international traffic. Despite these positive trends, Citi analysts have maintained a Sell rating on OMA’s stock, citing concerns over valuation and potential impacts from the upcoming Master Development Plan review. The analysts have set a price target of $64.00, indicating caution regarding the stock’s future performance. Investors are closely watching how OMA’s strategic plans and market conditions will influence its financial trajectory.

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