CRESUD S.A.C.I.F. y A. announces its results for the second quarter of Fiscal Year 2026 ended December 31, 2025
HIGHLIGHTS
- Net income for the first half of fiscal year 2026 reached ARS 193,932 million, compared to a loss of
ARS 28,851 million in the same period of 2025. This result was mainly driven by the gain from changes in the fair value of IRSA investment properties. - Adjusted EBITDA for the period totaled ARS 137,967 million, 19.0% lower than in the same period of 2025. Adjusted EBITDA from the agribusiness segments amounted to
ARS 15,350 million , while the urban properties and investments business (through IRSA) contributedARS 132,333 million . - The 2026 regional agricultural campaign is progressing with good weather conditions and stable international commodity prices, although still at historically low levels. We planted 316,000 hectares in the region, 5.8% more than 2025 campaign.
- In
Argentina , we achieved a record wheat harvest, while summer crops are developing under some weather-related challenges—mainly lack of rains in certain areas—although with signs of improvement in recent weeks. - The livestock business continues to benefit from firm prices and strong margins, driven by stronger international demand and a domestic market aligned with this trend.
- During the quarter and subsequently, we issued Series L and Series LI Notes in the local market for a total amount of
USD 117.2 million . - On
November 7, 2025 , we distributed a dividend of ARS 93,782 million, consisting ofARS 65,080 million in cash andARS 28,702 million in IRSA shares (~8% dividend yield).
Financial Highlights
(In millions of Argentine Pesos)
6M FY 2026 ended
|
Income Statement |
|
Restated |
|
Agricultural Business Revenue |
362,192 |
269,767 |
|
Agricultural Business Gross Profit |
61,254 |
29,949 |
|
Urban Properties Revenues |
234,536 |
223,819 |
|
Urban Properties Gross Profit |
182,884 |
173,544 |
|
Consolidated Gross Profit |
242,435 |
201,901 |
|
Consolidated results from Operations |
306,696 |
(178,388) |
|
Result for the Period |
193,932 |
(28,851) |
|
|
|
|
|
Attributable to: |
|
|
|
|
74,448 |
(25,103) |
|
Non-Controlling interest |
119,484 |
(3,748) |
|
|
|
|
|
EPS (Basic) |
119.00 |
(41.76) |
|
EPS (Diluted) |
110.18 |
(41.76) |
|
|
|
|
|
Balance Sheet |
|
|
|
Current Assets |
1,568,619 |
1,424,897 |
|
Non-Current Assets |
4,732,610 |
4,391,316 |
|
Total Assets |
6,319,229 |
5,816,213 |
|
Current Liabilities |
1,112,451 |
1,144,974 |
|
Non-Current Liabilities |
2,599,843 |
2,141,011 |
|
Total Liabilities |
3,712,294 |
3,285,985 |
|
Non-Controlling Interest |
1,503,300 |
1,420,908 |
|
Shareholders' Equity |
2,606,935 |
2,530,228 |
The Company's market capitalization as of
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Webinar ID: 859 0167 8018
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In addition, you can participate by dialing the following numbers:
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
Follow us on Twitter: @cresudir
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