A cloudy day wafts across the window of the 9th Floor. The lingering smell of lunch sits in the air while the soft office sounds of my typing keep me company.
What is 15% to OMAB, I ask you?
15% is how much passenger growth OMAB had in September of 2015 over September 2014. The company was growing at a 17% clip. That has moderated 2% to a still impressive 15% annual growth rate.
After the second quarter, revenue growth stood at 36.41%. 19.74% of that was hiking sales prices, and the rest was volume of business.
The stock is in a state of permanent liftoff, and it’s one of the bright spots on my year.
OMAB strategically has two major things going for it. The first is a strong dollar which makes travel for nearby US residents much cheaper. And the second is ultra cheap fuel prices which are coming fast thanks to the crude implosion.
As it becomes more affordable for vacation travel, OMAB’s core business model is going to benefit directly.
I am waiting excitedly to hear how OMAB’s latest quarter shaped up. The company is on a tear.
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