#Argentina #Buenos Aires #ARS #Cresud S.A.C.I.F. #Q1 FY 2026

Cresud S.A.C.I.F. y A. Announces Strong Q1 Results for Fiscal Year 2026

Cresud S.A.C.I.F. y A., a prominent agricultural company in Argentina, released its first-quarter results for Fiscal Year 2026, ending on September 30, 2025. This report marks a significant turnaround compared to the same time last year, showcasing the company's resilience and strategic growth.

Financial Highlights

Cresud reported a stunning net income of ARS 110,133 million for the quarter, a notable improvement from the loss of ARS 77,887 million experienced a year earlier. This exceptional performance is largely attributed to advantageous changes in the fair value of IRSA investment properties. Adjusted EBITDA for the quarter stood at ARS 58,764 million, reflecting a 39.7% decrease from the previous year, mainly due to fluctuations within their agribusiness segments which generated ARS 5,648 million. Conversely, the urban properties and investments sector through IRSA significantly supported the performance with a contribution of ARS 57,589 million.

The agricultural sector is experiencing a promising season, bolstered by favorable weather conditions and a slight uptick in international commodity prices, which, despite being historically low, provide an encouraging outlook. The company plans to cultivate approximately 321,000 hectares, marking a 7.4% increase in land usage compared to the last season.

In an additional boost to their financial stability, the Argentine government has temporarily suspended export taxes on key crops and beef, which significantly raised market prices and profit margins for local producers.

Livestock Sector Performance

Cresud's livestock operations are reaping benefits from stable cattle prices driven by sustained international demand, coupled with a robust local market, delivering attractive margins. This sector is likely to maintain its upward trend as global consumer interest continues to rise.

Dividend Announcement

In a show of confidence in their financial health, the company’s shareholders approved a substantial dividend distribution amounting to ARS 93,782 million. This distribution includes ARS 65,080 million in cash and ARS 28,702 million in IRSA shares, yielding approximately 8% for shareholders.

Summary of Financial Data

In terms of revenues, the agricultural business generated ARS 190,163 million, with a gross profit of ARS 35,029 million. The urban properties sector also performed solidly, contributing ARS 103,202 million in revenues and a gross profit of ARS 79,966 million, leading to a consolidated gross profit of ARS 114,175 million for the quarter.

Looking at the consolidated operational results, Cresud achieved ARS 264,985 million, a significant turnaround from a loss previously recorded. The earnings for each share (EPS) saw considerable improvement, with a basic EPS of ARS 60.53 compared to a loss of ARS 58.29 last year.

Balance Sheet Overview
As of September 30, 2025, Cresud's total assets roughly stood at ARS 5,839,158 million, exhibiting substantial growth from ARS 5,392,537 million recorded in the previous quarter. Current liabilities have remained relatively stable, showing slight fluctuations, which speaks to the company’s effective financial management.

Invitation to Investor Relations Conference Call

Cresud S.A.C.I.F. y A. invites all interested parties to participate in its upcoming results conference call on November 12, 2025, at 01:00 PM Eastern Time. This session will provide an excellent opportunity for shareholders and investors to delve deeper into the company's financial health and future outlook. Participants can register via the provided Zoom link or join via the appropriate calling numbers listed on the company's investor relations page.

Cresud continues to demonstrate its strength and commitment to growth within the agricultural sector in Argentina and the broader Latin American region. Stakeholders remain optimistic as the company navigates through this fiscal year fortified by strong management strategies and market conditions.