ASR

Business Context and Reporting Period

Company: Southeast Airport Group (Grupo Aeroportuario del Sureste, S.A. de C.V.)
Filing Type: Form 6-K (Current Report)
Reporting Period: Month of June 2004 (announced July 7, 2004)
Business Overview: ASUR operates concessions for nine airports in southeast Mexico, including Cancun, Merida, Cozumel, and Veracruz. The company is listed on the NYSE (ASR) and the Mexican Bolsa (ASUR).

Key Financial and Operational Metrics

Passenger Traffic (June 2004 vs. June 2003):

• Total Passenger Traffic: 1,192,977 (up 13.5% year-over-year).
• Exclusions: Figures exclude transit and general aviation passengers.
• Top Performers: Oaxaca (+25.8%), Cozumel (+22.7%), and Cancun (+15.5%) drove the majority of growth.
• Declines: Merida (-0.9%) and Minatitlan (-5.0%) saw slight decreases in traffic.

Financial Data: The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on operational passenger traffic statistics.

Material Changes Versus Prior Period

Compared to June 2003, total passenger volume increased by 141,904 passengers. The growth was broad-based across the portfolio, with seven of the nine airports reporting positive year-over-year growth. The most significant material change was the 25.8% surge in traffic at Oaxaca and the 15.5% increase at the flagship Cancun airport.

Guidance, Outlook, and Risks

Management Commentary: The filing contains no forward-looking guidance, financial outlook, or specific management commentary beyond the announcement of the traffic increase.
Risks and Contingencies: No specific risks, contingencies, or unusual items are disclosed in this text.

Key Facts for Investor Verification

• Verify the correlation between the 13.5% increase in passenger traffic and the company's quarterly revenue and earnings reports.
• Confirm the impact of the traffic decline in Merida and Minatitlan on overall regional performance.
• Review subsequent filings for financial results corresponding to the June 2004 operational data.