Call Start: 08:00 January 1, 0000 8:29 AM ET

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Q4 2022 Earnings Conference Call

February 17, 2023 08:00 ET

Company Participants

Emmanuel Camacho - Investor Relations

Ricardo Duenas - Chief Executive Officer

Ruffo Perez Pliego - Chief Financial Officer

Conference Call Participants

Rodolfo Ramos - Bradesco BBI

Gabriel Himelfarb - Deutsche Bank

Francisco Suarez - Scotiabank

Operator

Greetings and welcome to the Grupo Aeroportuario del Centro Norte OMA Fourth Quarter 2022 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Emmanuel Camacho, Investor Relations Officer. Thank you. You may begin.

Emmanuel Camacho

Thank you, Melissa and good morning, everyone. Welcome to OMA's fourth quarter 2022 earnings conference call. Joining me this morning are CEO, Ricardo Duenas and CFO, Ruffo Perez Pliego.

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's 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.

And with that, I will turn the call over to Ricardo Duenas for his opening remarks.

Ricardo Duenas

Thank you, Emmanuel. Good morning, everyone. We appreciate you joining us today. This morning, I will highlight several reporting events and milestones, then I will briefly review our operational performance and financial results. Finally, we will be pleased to answer your questions.

First of all, in December 2022, VINCI Airports finalized the process for the acquisition of 29.99% of Series B and Series BB shares of OMA which made VINCI Airports, our largest shareholder. As part of the process prior to the closing of the transaction, OMA held a shareholder meeting in which 6 new proprietary members for the Board -- of the Board. All of them part of the VINCI Group were appointed and the resignation of the 6 former proprietary members of our Board was accepted.

I would like to express my gratitude to our former Board members and I would also like to welcome our 6 new Board members which I am certain will contribute to OMA's value creation across the Board. VINCI Airports is the world's largest private airport operator, managing 65 airports in 12 countries and served 255 million passengers in 2019. Some of the assets management of VINCI airports include London Gatwick and Lisbon airports.