Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Q1 2022 Earnings Conference Call April 26, 2022 10:00 AM ET
Company Participants
Adolfo Castro - Chief Executive Officer
Conference Call Participants
Alan Macias - Bank of America
Alejandro Zamacona - Credit Suisse
Francisco Suárez - Scotiabank
Guilherme Mendes - JPMorgan
Rodolfo Ramos - Bradesco BBI
Juan Macedo - GBM
Gabriel Himelfarb - Scotiabank
Javier Gayol - GBM
Pablo Monsivais - Barclays
Giovanni Bisogno - Santander
Operator
Good day, ladies and gentlemen and welcome to ASUR's First Quarter 2022 Results Conference Call. My name is Orlando and I will be your operator. At this time, all participants are in listen-only mode. We will conduct a question-and-answer session towards the end of today's conference. [Operator Instructions] As a reminder, today's call is being recorded.
Now, I'd like to turn the call over to Mr. Adolfo Castro, Chief Executive Officer. Please go ahead, sir.
Adolfo Castro
Thank you, Orlando, and good morning, everyone. I hope to enjoyed the recent holidays, with or family and friends, and you're looking forward for more such occasions. Now the pandemic appears to be ending. Additional details about the quarterly results can be found in our press release, which was issued yesterday after market closed and is available on our website in the Investor Relations section.
Let me remind you that certain statements made during the call 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 company's control, including the impact from COVID-19.
Starting with the annual ASURs Shareholders' Meeting, two dividends were approved last week, in addition to an ordinary cash dividend of [indiscernible] per share. We are also paying holders of ASURs Series B and BB shares an external dividend of 6 pesos. Both dividends will be paid in a single installment on or after June 1 this year. This represents 4.5 billion pesos payment.
Before we move on a review on our results, let me also note that we recently published our 20th report and the 2021 sustainability report. Through the COVID-19 pandemic, we use the time as an opportunity to reflect and determine where we could best improve ASURs ESG performance.
With the benefit of the company and all of our shareholders, we decided that most significant group level strategy – debt objectives that should be implemented in the short and medium term as follows, established a board-level sustainability committee, setting new targets for emission reductions and energy efficiency, including the installation on both on-site and off-site solar power generation, supplement our water consumption with systems that capture and use rainwater, promote greater diversity on our workforce and on the company's board, ensure equal compensation between genders.