Corporación América Airports Gains After Argentina Unit Rev. Rises 25.5% in ’17

Shares of airport operator Corp. America Airports gain as much as 5.5% to $14.57, most intra-day since
Feb. 1, following publication of Argentine unit’s 2017 results.
* Aeropuertos Argentina 2000 posted 25.5% increase in revenue to 12.7 billion pesos in 2017, according to company statement 
** Traffic rose to 35.9 million passengers, +14.2% y/y


** NOTE: Core of Corp. America’s business is in Argentina, where
local unit operates 36 airports out of over 50 overall 

Source: Bloomberg