Grupo Aeroportuario del Centro Norte S.A.B. de C.V.

Greetings and welcome to the Grupo Aeroportuario del Centro Norte OMA first quarter 2023 earnings conference call. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Emmanuel Camacho, Investor Relations Officer. Thank you, Emmanuel. You may begin.

Please be reminded that certain statements made during the course of our discussion today may constitute forward-looking statements, which are based on current management expectations and beliefs, and are subject to a number of risks and uncertainties that could cause actual results to differ materially, including factors that may be beyond our control. With that, I'll turn the call over to Ricardo Lozano for his opening remarks.

Thank you, Manuel. Good morning, everyone. This morning, I will briefly comment on several events occurred during the quarter. Then I will review our operational performance and financial results. And finally, we will be pleased to answer your questions. Last Friday, we held our 2023 annual shareholders meeting, where shareholders approved, among other matters, the declaration and payment of an ordinary cash dividend to shareholders of 2.3 billion pesos in two installments. The first one of 1.8 billion pesos no later than June 30th. And the second one, 500 million pesos no later than September 30th. In addition, on March 10th, we successfully completed our 3.2 billion peso issuance in long-term sustainability linked notes in the Mexican market. Pursuant to the framework of the notes, we have set an ambitious carbon footprint reduction target. Proceeds were used to amortize our OMA 13 notes for 1.5 billion pesos and to repay 1.2 billion pesos in short-term loans. The remaining 500 million will be used for general corporate purposes, including the funding of future investments. Moving on to our main first quarter of 2023 results. OMA delivered solid financial and operating results in the first quarter of this year. Adjusted EBITDA grew 41% in the quarter to 2 billion pesos, and adjusted EBITDA margin reached 77.5%, largely as a result of the increase in both aero and non-aero revenues. In the first quarter, OMA passenger traffic reached 6 million, an increase of 30% versus the first quarter of last year. The airports that led passenger traffic growth during the quarter were Monterey, Ciudad Juarez, Chihuahua, and Culiacan. And the routes with the strongest traffic growth compared to the first quarter of last year, most of them considered mainly business routes, were the Monterey to Mexico City, Guadalajara, Santa Lucia, Toluca, and Cancun routes, and the Ciudad Juarez to Guadalajara route. On aggregate, these six routes added 470,000 additional passengers in the quarter, an increase of 42% versus the first quarter of last year. Primarily, as a result of the strong passenger traffic performance, our aero revenue grew 40% in the quarter to 2 billion pesos. On the commercial front, revenues increased 36% compared to the first quarter of last year, driven by parking, restaurants, retail, and car rentals. Occupancy rate for commercial space stood at 93.6% at the end of the quarter. Diversification revenues increased 22%. Our hotel services and Oma Cargo contributed most to this growth. In the first quarter of this year, occupancy rate at our Terminal 2 NHA Collection Hotel was 80.3%. While the Hilton Garden Inn Hotel had an occupancy rate of 73.4%, signaling a further recovery of business travel. Poma cargo revenues increased 14%, mainly driven by the handling of air and ground import cargo. On the capital expenditure front, total investments in the quarter, including MDP investments, major maintenance, and strategic investments, were 757 million pesos. During the quarter, some of the most relevant projects we are working on are the expansion and remodeling of the Monterey Airport Terminal A building, as well as the Ciudad Juarez, Culiacan, and Durango terminal buildings, reconfiguration of the Mazatlán Terminal building, and major rehabilitation and reconfiguration of platforms and taxiways in several airports. I would now like to turn the call over to Rufo Perez-Piego, who will discuss our financial highlights for the quarter.