CRESUD S.A.C.I.F. y A. announces its results for the third quarter of Fiscal Year 2026 ended March 31, 2026
HIGHLIGHTS
- Net income for the nine-month period of FY2026 recorded a gain of
ARS 231,308 million , compared to a gain ofARS 77,358 million in the same period of FY2025, mainly driven by the operating performance of theUrban Properties and Investments business (IRSA). - Adjusted EBITDA for the period reached
ARS 202,839 million , 12.0% below the same period of FY2025. Adjusted EBITDA from the agribusiness segments was a gain ofARS 13,646 million , while theUrban Properties and Investments segment (through IRSA) recorded a gain ofARS 214,587 million . - The 2026 campaign is progressing under generally favorable weather conditions, except in some regions where BrasilAgro operates, amid rising international commodity prices and higher input costs. We planted 311,000 hectares across the region, 4.2% above the previous campaign.
-
Argentina recorded solid grain production results, with record wheat production and strong development of summer crops —soybeans and corn— supporting good yields and production levels. Meanwhile, BrasilAgro faces a more challenging environment, impacted by adverse weather events in certain regions, tighter margins in some crops, and a lower contribution from sugarcane. - Livestock activity continues to benefit from firm cattle prices, supported by international demand and a strong local market, allowing for solid production margins.
- Subsequent to quarter-end, we issued Series LII and LIII notes in the local market for a total amount of
USD 64.2 million , reducing the company's average financing cost.
Financial Highlights
(In millions of Argentine Pesos)
9M FY 2026 ended
|
Income Statement |
|
Restated |
|
Agricultural Business Revenue |
505,820 |
395,890 |
|
Agricultural Business Gross Profit |
94,059 |
71,765 |
|
Urban Properties Revenues |
373,352 |
357,489 |
|
Urban Properties Gross Profit |
292,738 |
274,386 |
|
Consolidated Gross Profit |
383,309 |
343,581 |
|
Consolidated results from Operations |
211,588 |
10,388 |
|
Result for the Period |
231,308 |
77,358 |
|
|
|
|
|
Attributable to: |
|
|
|
|
121,665 |
30,061 |
|
Non-Controlling interest |
109,643 |
47,297 |
|
|
|
|
|
EPS (Basic) |
189.99 |
49.97 |
|
EPS (Diluted) |
189.99 |
44.53 |
|
|
|
|
|
Balance Sheet |
|
|
|
Current Assets |
1,621,000 |
1,559,439 |
|
Non-Current Assets |
4,886,496 |
4,805,956 |
|
Total Assets |
6,507,496 |
6,365,395 |
|
Current Liabilities |
1,131,838 |
1,253,082 |
|
Non-Current Liabilities |
2,560,867 |
2,343,172 |
|
Total Liabilities |
3,692,705 |
3,596,254 |
|
Non-Controlling Interest |
1,507,749 |
1,555,075 |
|
Shareholders' Equity |
2,814,791 |
2,769,141 |
The Company's market capitalization as of
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In addition, you can participate by dialing the following numbers:
US: +1 719 359 4580, +1 929 205 6099, +1 253 205 0468, +1 253 215 8782, +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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