Wide-moat Grupo Aeroportuario del Centro Norte (OMA) OMAB reported 4.6% year-over-year growth in passenger traffic during the first quarter of 2013, along with solid improvement in operating margins to 43.1% from 41.8%. Total sales improved 10.7% and was led by a 20.9% increase in nonaeronautical revenue, the fourth quarter of acceleration. The strong nonaeronautical sales result from OMA’s diversification activities over the last several years, … Continue reading Wide-Moat OMA Posts Strong Start for 2013 but Offers Tepid Full-Year Guidance