Monthly Archives: February 2017

Grupo Aeroportuario Del Pacifico (PAC-NYSE, $85.06) Reports Record 2016 Fiscal Results.

Pacific Airport Group reported a 31.7% adjusted increase in EBITDA for 2016. Revenues grew by 32.3% for the 2016 fiscal year. Net income grew by 16.7% Like Southwest Airports Group (ASUR), PAC benefitted from a declining Mexican Peso against the

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Grupo Aeroportuario Del Sureste (ASR-NYSE, $156.55) Reports Record 2016 Fiscal Results.

Revenues increased 8.8%. EBITDA grew by 20.2%. EPS increased by 24.5%. Operating margins surpassed 50% for fiscal 2016. From an income statement perspective, the sharp depreciation in the Mexican peso has offered a material lift to earnings. Most of

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Novo Nordisk (NVO-NYSE, $33.62) Warns for 2017

Novo Nordisk reported fiscal 2016 results. Net profits increased by 9% and revenue grew by 6%. However, the operating margin fell by 2.5% to 43.3% of sales. For 2017, Novo anticipates a revenue decline of as much as 1%, which

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