Itau BBA downgrades Grupo Aeroportuario del Sureste stock

Published on 10/07/2026 at 14:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Six-month revenue rose 5.00 percent to MXN 18.38 billion. Grupo Aeroportuario del Sureste stock costs EUR 21.60 on October 7, 2026 versus EUR 21.50.

ASR, MXP001661018, Illustration mit AI erstellt.

Grupo Aeroportuario del Sureste (MXP001661018) was trading at EUR 21.60 at Lang & Schwarz on October 7, 2026 at 2:32 p.m. CEST, up 0.47 percent versus the EUR 21.50 prior close. According to Markets Insider on September 16, 2026, Itau BBA downgraded the company from Outperform to Market Perform and set a MXN 502 price target. The downgrade followed the transformation of the airport operator after its CPC acquisition.

Six-month revenue rises 5.00 percent

For the six months ended June 30, 2026, revenue increased 5.00 percent to MXN 18.38 billion from MXN 17.50 billion a year earlier, according to StockTitan. Adjusted consolidated EBITDA declined 7.50 percent to MXN 9.94 billion, while net income fell 10.10 percent to MXN 5.31 billion from MXN 5.91 billion.

The contrast matters for investors: ASUR is adding airports and revenue, but the enlarged platform currently carries a weaker earnings profile. The six-month figures include ASUR Airports, acquired in December 2025, while CPC was outside that reporting period.

Traffic slips before the portfolio reset

ASUR handled 5.90 million passengers in August 2026, down 2.10 percent from August 2025, according to PR Newswire on September 8, 2026. Mexico traffic decreased 4.00 percent and Puerto Rico traffic fell 5.10 percent, while Colombia traffic increased 4.00 percent.

ASUR completed the Motiva Airports acquisition on September 1, 2026, adding 17 airports in Brazil and one each in Costa Rica, Curacao and Ecuador. Those assets are scheduled to enter the company's monthly traffic reporting from September 2026, making the next traffic release the first clearer test of the expanded network.

ASUR price stays near EUR 22

The Lang & Schwarz quote of EUR 21.60 on October 7, 2026 leaves the stock EUR 0.10 above its prior close of EUR 21.50. The small daily move contrasts with the operating changes underway, while the MXN 502 analyst target remains a separate Mexican-peso reference and is not combined with the euro quotation.

The further course of trading is shown by the continuously updated real-time quote of Grupo Aeroportuario del Sureste stock.