LATAM Airlines Group ADR

LATAM Airlines Group reported Q4 revenue up 16.3% to $3.95 billion and full-year revenue up 11.2% to $14.5 billion, with Q4 net income rising 78.2% to $484 million and full-year net income up 49.4% to $1.46 billion. Operating income improved 42.7% in Q4 to $661 million; cargo and passenger revenue also increased, and the group generated $1.4 billion in cash before shareholder returns. LATAM executed $585 million in buybacks, paid $605 million in dividends, finished the year with $2.15 billion in cash, and was downgraded by Goldman Sachs from Buy to Neutral with a lower price target due to limited upside. » Más en finance.yahoo.com

LATAM delivered its best financial year to date, transporting a record 82 million passengers in 2024 while achieving adjusted EBITDAR of $3.1 billion and net income of $977 million. Adjusted passenger CASK ex fuel was $0.042, adjusted net leverage improved to 1.7x and year-end liquidity stood at $3.5 billion (27% of LTM revenues). Customer metrics and operations strengthened—Net Promoter Score reached 51 and punctuality ranked among the top global airline groups—while cargo and LATAM Pass membership also grew. Management reiterated 2025 guidance with ASK growth of 7–9%, revenue guidance of $14.0–14.5 billion and adjusted EBITDAR of $3.25–3.6 billion, and said the board may evaluate up to a $150 million share buyback alongside other capital allocation options. » Más en finance.yahoo.com

LATAM Airlines reported Q3 results with 22.9 million passengers, passenger RASK up 8.4% and an adjusted operating margin of 18.1%; adjusted EBITDAR was $1.15 billion and net income $379 million. The group executed a $433 million share repurchase, ended the quarter with adjusted net leverage of 1.5x and liquidity around 25.8% of the financial policy range. LATAM signed an agreement for up to 74 Embraer E2s (24 firm initially) to expand regional connectivity and improve fuel efficiency, bringing its order book to over 140 aircraft. Management updated full-year guidance, raising adjusted EBITDAR to $4.0–4.1 billion and targeting high single-digit capacity growth for 2026 while maintaining cost discipline. » Más en finance.yahoo.com