Cresud S.A.C.I.F. y A. Reports First Quarter Performance
Cresud S.A.C.I.F. y A. (NASDAQ: CRESY), a prominent Argentine agricultural company, has published its results for the first quarter of Fiscal Year 2026, showcasing robust financial growth and positive operational advancements. The results, which cover the period ending on September 30, 2025, reflect favorable weather conditions and encouraging market dynamics.
Financial Highlights Overview
During this quarter, Cresud recorded a significant turnaround, with net income reaching ARS 110,133 million, a remarkable recovery from a loss of ARS 77,887 million in the same quarter of the previous year. This impressive performance was largely propelled by favorable changes in the fair value of its investment properties associated with IRSA.
EBITDA and Revenue Insights
For the quarter, Cresud reported an Adjusted EBITDA of ARS 58,764 million, representing a decrease of 39.7% compared to the same period last year. The agribusiness segments contributed ARS 5,648 million in EBITDA, while the urban properties and investments business, driven through IRSA, added a significant ARS 57,589 million.
Agricultural Campaign Developments
The regional agricultural campaign for 2026 is progressing well, with expected planting across 321,000 hectares, which marks a 7.4% increase from the previous campaign. Positive weather conditions and a slight upturn in international commodity prices, despite being historically low, have contributed to a promising outlook for the sector.
Government Policies Impacting Growth
A notable development was the Argentine government's decision in September 2025 to temporarily eliminate export taxes on key crops and beef, positively impacting profit margins and enhancing pricing power in the market. These governmental changes are critical for stakeholders in the agricultural sector.
Performance in Livestock Sector
The livestock segment continues to thrive, benefiting from sustained cattle prices supported by robust international demand and a resilient local marketplace. This dynamic is producing attractive margins for Cresud's livestock operations.
Dividend Announcement
In a display of confidence in its fiscal health, Cresud's Shareholders' Meeting, held on October 30, 2025, approved a substantial dividend distribution totaling ARS 93,782 million. This distribution includes ARS 65,080 million in cash and ARS 28,702 million in shares of IRSA, reflecting a yield of approximately 8%.
Market Capitalization and Upcoming Events
As of September 30, 2025, Cresud's market capitalization stood at around USD 581.3 million, indicating a solid valuation based on its assets. The company has expressed eagerness for engagement with its investors, inviting them to join a conference call to discuss the first quarter results, scheduled for Wednesday, November 12, 2025.
Accessing the Webinar
Investors and stakeholders can participate in the upcoming Webinar by following the provided access details, enabling a convenient way to obtain insights directly from the company leaders.
Contacting the Investor Relations Department
For further inquiries, Cresud’s Investor Relations team remains available and is happy to assist with any questions regarding the company’s performance and future strategies. Stakeholders are encouraged to reach out through the provided contact methods listed on Cresud's official channel.
Frequently Asked Questions
What were Cresud's net income and adjusted EBITDA for Q1 FY 2026?
Cresud reported a net income of ARS 110,133 million and an adjusted EBITDA of ARS 58,764 million for the first quarter of FY 2026.
How does the agricultural campaign for 2026 compare to 2025?
The 2026 agricultural campaign is set to expand by approximately 7.4%, with a planned 321,000 hectares to be cultivated, compared to the previous year.
What key factors influenced Cresud's financial performance?
Significant factors include favorable weather conditions, the elimination of export taxes on key products, and improved international commodity pricing.
What dividend distribution did Cresud announce in October 2025?
Cresud announced a total dividend distribution of ARS 93,782 million, comprising ARS 65,080 million in cash and ARS 28,702 million in IRSA shares.
When will the conference call to discuss Q1 results be held?
The conference call is scheduled for Wednesday, November 12, 2025, at 01:00 PM Eastern Time / 03:00 PM BA Time.
