Promotora y Operadora de Infraestructura S. A. B. (PINFRA) Q2 2026 earnings summary

Executive summary

• Consolidated revenues for 2Q26 reached Ps. 6,078 million, up 23% year-over-year, driven by toll road tariff increases, organic traffic growth, and strong construction activity.

• EBITDA rose 7% to Ps. 3,400.4 million, with operating profit up 7% to Ps. 3,124.9 million; net profit declined 17% to Ps. 1,765.9 million due to higher financial expenses and lower deferred tax benefits.

• The company advanced major construction projects, including expansions of key toll roads and new infrastructure awards, while maintaining financial discipline and a long-term vision.

Financial highlights

• Net revenues increased 23% year-over-year, even excluding the impact of the divested Altamira Port Terminal (IPM).

• EBITDA margin was 56%, and operating margin was 51% for the quarter.

• Net profit margin declined to 29%, with earnings per share at Ps. 4.1, down 17% from 2Q25.

• Cash flow from operations was Ps. 1,982.6 million, down 24% year-over-year.

Outlook and guidance

• Major construction projects are progressing, with key completions expected between late 2026 and 2027.

• The company continues to focus on organic growth, new concession opportunities, and ESG strategy implementation in line with upcoming ISSB (IFRS) requirements.