Earnings release
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Exhibit 99.1 O CORPORACION AMERICA AIRPORTS CORPORACION AMERICA AIRPORTS REPORTS SECOND QUARTER 2026 RESULTS Revenue ex - IFRIC 12 Increased 8.2 % YoY on Strong Aeronautical and Commercial Revenue Growth Adjusted EBITDA ex - IFRIC 12 of $ 160.3 Million , Down 4.5 % YoY , as Double - Digit Growth Across Four Markets Partially Offset Lower Results in Argentina and Uruguay Strong Financial Position with $ 692 Million in Cash & Cash Equivalents and Net Debt to LTM Adj . EBITDA of 0.5x Luxembourg , August 18 , 2026— Corporación América Airports S.A. ( NYSE : CAAP ) , ( “ CAAP ” or the “ Company ” ) one of the leading private airport operators in the world , reported today its unaudited , consolidated results for the three and six - month period ended June 30 , 2026. Financial results are expressed in millions of U.S. dollars and are prepared in accordance with International Financial Reporting Standards ( IFRS ) as issued by the International Accounting Standards Board ( " IASB " ) . Commencing 3Q18 , the Company began reporting results of its Argentinean subsidiaries applying Hyperinflation Accounting , in accordance with IFRS rule IAS 29 ( “ IAS 29 " ) , as detailed in Section " Hyperinflation Accounting in Argentina ” on page 25 . Second Quarter 2026 Highlights § Consolidated Revenues excluding IFRIC12 ( ex - IFRIC12 ) reached $ 470.7 million , up 8.2 % year - over - year ( YoY ) , driven by increases of 13.2 % and 3.7 % in Commercial and Aeronautical revenues , respectively . Excluding rule IAS 29 ( ex - IAS29 ) , consolidated revenues ex - IFRIC12 increased 8.4 % YoY to $ 475.4 million . § Key operating metrics : § 0.6 % decrease in passenger traffic to 20.6 million . § 1.5 % decrease in cargo volume to 95.7 thousand tons . § 2.6 % decrease in aircraft movements to 208.8 thousand . § Operating Income of $ 105.5 million , compared with $ 117.3 million in 2Q25 . § § Adjusted EBITDA ex - IFRIC12 decreased 4.5 % to $ 160.3 million , from $ 167.9 million in the year - ago period . Excluding the impact of rule IAS 29 , Adjusted EBITDA ex - IFRIC12 decreased 4.3 % to $ 161.3 million . Adjusted EBITDA margin ex - IFRIC12 contracted 4.5 percentage points to 34.1 % from 38.6 % in 2Q25 . Adjusting for rule IAS 29 , Adjusted EBITDA margin ex - IFRIC12 decreased to 33.9 % from 38.4 % in the prior - year quarter . § Maintained 1 strong liquidity position with $ 692.5 million in Cash & Cash equivalents as of June 30 , 2026 . § Net debt to LTM Adjusted EBITDA of 0.5x as of June 30 , 2026 . CEO Message Commenting on the results for the quarter Mr. Martín Eurnekian , CEO of Corporación América Airports , noted : “ We delivered a solid operating performance in the second quarter , with total passenger traffic remaining largely stable at 20.6 million passengers , as broad- based growth across our portfolio helped mitigate the domestic decrease in Argentina . Revenue excluding Construction services continued to outpace traffic growth , rising 8 % year - over - year , supported by solid performance in both our aeronautical and commercial businesses . Revenue per passenger increased nearly 9 % , with every country in which we operate contributing to this improvement , including Argentina . Consolidated Adjusted EBITDA excluding IFRIC 12 reached $ 160 million , down 4.5 % year - over - year . Profitability was affected by headwinds in Argentina and , to a lesser extent , non - recurring costs and expenses in Uruguay . In Argentina , results were primarily impacted by the reduction in Flybondi's operating fleet , and a challenging comparison base for cargo revenues in 2Q25.By contrast , Italy , Brazil , Armenia and Ecuador each delivered double - digit year - on - year EBITDA growth , highlighting the strength of the diversification of our portfolio . Our financial position strengthened further , with cash and cash equivalents increasing to $ 692 million at quarter - end and net leverage at 0.5x . These metrics reflect continued cash generation , debt repayments and disciplined financial management , providing us with flexibility to execute our strategic priorities and pursue our acquisition strategy .