After suffering the ravages of the COVID-19 pandemic, airport service companies, restaurants and departmental commerce, three of the hardest-hit sectors, are already showing a recovery, which in several cases already exceeds the results obtained prior to confinement. show the most recent financial reports of Mexican companies.
In 2021, of the 35 companies listed on the Stock Exchange, excluding financial groups, those that stand out for obtaining the best results in terms of income, operating flow (Ebitda) and net income, were the airport groups (OMA, ASUR and GAP).
In the case of OMA, its results showed significant progress due to greater dynamism in total traffic, with an annual increase of 62.1%, as well as higher rates approved in the Master Development Program 2021-2025 and better performance in the activities of diversification, which led to an increase in its aeronautical and non-aeronautical revenues, according to an analysis by Grupo Financiero Ve por Más.
The increased demand for travel in the face of the advancement of vaccination plans worldwide, also supported the financial results of Asur, owned by Fernando Chico Pardo, whose operating flow grew 104.4% in 2021 and was 3.2% above its pre-pandemic level. , to reach 10,651 million pesos.
Finally, GAP, chaired by Laura Diez Barroso, was another of the airport services companies that stood out for its financial results, in particular for its operating flow, which had an annual growth of 204.6% at the end of 2021, standing at 5,998 million pesos, 11.9% above its pre-pandemic level. According to a report published by Banorte, the company benefited from a better performance in passenger traffic coupled with control in expenses and higher rates.
Consumption also improves in 2021
Companies in the consumer-related sectors also showed a solid recovery and their results stood out last year, with Liverpool and Alsea standing out.
Liverpool, which operates the chain of stores of the same name and Suburbia, closed 2021 with an annual increase of 30.8% in its sales, 165.5% in its Ebitda and 1,608.6%, going from 754 to 12,868 million pesos, in its profit. net.
The company, chaired by Max David Michel, highlighted that this was possible due to the favorable results of its omnichannel business, the growth of its marketplace, higher online sales, Click & Collect delivery (an express sales format) and its geolocation (same day and next day deliveries).
As for the restaurant sector, Alsea shows clear signs of recovery, exceeding the expectations of market analysts. In 2021, Alberto Torrado’s company registered an annual increase in its sales of 38.7%, although it is still 8.2% below its 2019 level. The recovery of its performance has been driven by the recovery of consumption, a greater mobility due to fewer restrictions to control the pandemic and the growth of home and counter deliveries, indicates an analysis by Grupo Financiero Ve por Más.
In other firms that stand out, is the airline Volaris, whose revenues in 2021 represent the highest sales in its history, registering an annual growth of 101.5% and an increase of 28.5% compared to 2019, its pre-pandemic level, to reach 44,662 million passengers. pesos. The good behavior of the demand and the discipline in costs boosted the company directed by Enrique Beltranena, which had an occupancy factor of 86.9%, an annual increase in passengers of 49.8%, an average rate 24.8% higher and an advance of 1.5 % in income from additional services per passenger, which led to an increase in its total income, according to Banorte.
On the other hand, Cemex, the company chaired by Rogelio Zambrano, had its highest operating flow growth figure in a decade, which registered an annual growth of 280.5% in 2021, going from 14,636 to 55,688 million pesos, 42.4 % above its pre-pandemic level. His discipline in administrative, sales, distribution and corporate expenses; as well as its operations in Europe, the Middle East, Asia and Africa and Central, South America and the Caribbean, contributed favorably to its operating flow, the company details in its financial report.
