CRESUD S.A.C.I.F. y A. announces its results for the third quarter of Fiscal Year 2025 ended March 31, 2025
HIGHLIGHTS
- The net result for the nine-month period of the 2025 fiscal year recorded a profit of ARS 57,895 million, compared to a loss of
ARS 39,987 million in the same period of 2024. - The adjusted EBITDA of the segments that make up the agricultural business was ARS 31,072 million, while the urban properties and investments business (through IRSA) recorded
ARS 156,380 million . - The 2025 campaign progressed with a good level of rainfall in the region, despite some irregularity in frequency specially in
Northern Argentina , with sustained commodity prices and stable input costs. We planted 300,000 hectares in the region and expect to produce approximately 867,000 tons of grains, 23% more than in the previous campaign. - Cattle activity in
Argentina is developing with very good prices, margins, and production levels. - During the quarter and after the closing, the Argentine government announced two favorable measures for the agricultural sector. First, a temporary reduction, until
June 30, 2025 , in export duties for soybeans, from 33% to 26%, and for wheat and corn, from 12% to 9.5%, with a positive impact on available and future grain prices. Second, the partial elimination of capital controls, with a direct impact on the convergence of exchange rates. - During the nine-month period of the 2025 fiscal year, we sold a portion of the "Los Pozos" farm in
Argentina forUSD 2.2 million , and our subsidiary BrasilAgro sold a portion of "Alto Taquari" farm forBRL 189.4 million .
Financial Highlights
(In millions of Argentine Pesos)
9M FY 2025 ended
|
Income Statement |
|
|
|
Agricultural Business Revenue |
353,159 |
371,988 |
|
Agricultural Business Gross Profit |
54,117 |
97,424 |
|
Urban Properties Revenues |
269,586 |
276,363 |
|
Urban Properties Gross Profit |
206,917 |
227,653 |
|
Consolidated Gross Profit |
259,097 |
321,226 |
|
Consolidated results from Operations |
7,882 |
(363,662) |
|
Profit for the Period |
57,895 |
(39,987) |
|
|
|
|
|
Attributable to: |
|
|
|
|
22,228 |
34,835 |
|
Non-Controlling interest |
35,667 |
(74,822) |
|
|
|
|
|
EPS (Basic) |
37.27 |
58.83 |
|
EPS (Diluted) |
31.14 |
49.76 |
|
|
|
|
|
Balance Sheet |
|
|
|
Current Assets |
1,173,788 |
929,008 |
|
Non-Current Assets |
3,448,008 |
3,638,579 |
|
Total Assets |
4,621,796 |
4,567,587 |
|
Current Liabilities |
936,607 |
864,837 |
|
Non-Current Liabilities |
1,783,058 |
1,646,010 |
|
Total Liabilities |
2,719,665 |
2,510,847 |
|
Non-Controlling Interest |
1,056,548 |
1,141,092 |
|
Shareholders' Equity |
1,902,131 |
2,056,740 |
The Company's market capitalization as of
To access the Webinar:
https://zoom.us/webinar/register/WN_HkWCcRhyTXSj0wojdiCShQ
Webinar ID: 979 5279 7878
Password: 326784
In addition, you can participate communicating to this numbers:
Argentina: +54 115 983 6950 or +54 341 512 2188 or +54 343 414 5986 or +54 112 040 0447
US: +1 719 359 4580 or +1 929 205 6099 or +1 253 205 0468 or +1 253 215 8782 or +1 301 715 8592
Investor Relations Department.
https://www.cresud.com.ar/home-inversores.php?lng=en
+5411 4323-7449
ir@cresud.com.ar
Follow us on X: @cresudir
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