IRSA Inversiones y Representaciones S.A announces its results for the second quarter of Fiscal Year 2026 ended December 31, 2025
HIGHLIGHTS
- The net result for the first half of fiscal year 2026 recorded a gain of ARS 248,817 million, compared to a loss of
ARS 53,896 million in the same period of 2025. This was mainly driven by gains from changes in the fair value of investment properties. - Adjusted EBITDA from rental segments reached ARS 147,190 million in the first half of 2026, increasing 4.9% compared to the same period of 2025.
- Shopping malls revenues and adjusted EBITDA grew 4.2% and 2.0%, respectively, during the first half of fiscal year 2026 compared to the same period of 2025.
- Occupancy of the premium office portfolio remained at 100% during the second quarter of the fiscal year, while the Hotels segment recorded an improvement in revenues and EBITDA.
- During the quarter, we advanced infrastructure works at Ramblas del Plata, where two additional lots were swapped for a total of
USD 11.8 million . We also acquired a property located in the Flores neighborhood of theCity of Buenos Aires forUSD 6.8 million and continued progress on the development of the Distrito Diagonal project in La Plata. - On
December 17, 2025 , we issued Series XXIV Additional Notes in the international markets for an aggregate principal amount ofUSD 180 million , maturing in 2035. The proceeds will be used to repay existing indebtedness and finance investment projects. - On
November 4, 2025 , the Company distributed a cash dividend for ARS 173,788 million (10% dividend yield).
|
Financial Highlights |
||
|
(In millions of Argentine Pesos) |
||
|
6M FY 2026 |
||
|
|
|
|
|
Income Statement |
|
|
|
Revenues |
292,081 |
279,069 |
|
Consolidated Gross Profit |
181,665 |
172,242 |
|
Net result from changes in the fair value of investment properties |
185,712 |
(306,605) |
|
Consolidated Result from Operations |
321,255 |
(197,039) |
|
Result for the Period |
248,817 |
(53,896) |
|
|
|
|
|
Attributable to: |
|
|
|
IRSA's Shareholders |
235,486 |
(53,320) |
|
Non-Controlling interest |
13,331 |
(1,576) |
|
|
|
|
|
EPS (Basic) |
310.26 |
(71.28) |
|
EPS (Diluted) |
283.72 |
(71.28) |
|
|
|
|
|
Balance Sheet |
|
|
|
Current Assets |
715,977 |
643,288 |
|
Non-Current Assets |
3,463,183 |
3,199,351 |
|
Total Assets |
4,179,160 |
3,842,639 |
|
Current Liabilities |
330,613 |
387,265 |
|
Non-Current Liabilities |
1,885,165 |
1,544,418 |
|
Total Liabilities |
2,215,778 |
1,931,683 |
|
Non-Controlling Interest |
108,670 |
107,622 |
|
Shareholders' Equity |
1,963,382 |
1,910,956 |
The Company's market capitalization as of
To access the Webinar:
https://us02web.zoom.us/webinar/register/WN__kbGSZzDRXunm-_19dsLVQ
Webinar ID: 875 0628 1904
Password: 730538
In addition, you can participate communicating to this numbers:
Investor Relations Department.
+ 5411 4323-7449
ir@irsa.com.ar
https://www.irsa.com.ar/en/investors/
Follow us on X @irsair
View original content:https://www.prnewswire.com/news-releases/irsa-inversiones-y-representaciones-sa-announces-its-results-for-the-second-quarter-of-fiscal-year-2026-ended-december-31-2025-302678957.html
SOURCE