CRESUD S.A.C.I.F. y A. (NASDAQ:CRESY, ByMA:CRES), leading Latin American agricultural company, announces today its results for the Fiscal Year 2025 ended June 30, 2025.
Rhea-AI Summary
Cresud (NASDAQ:CRESY), a leading Latin American agricultural company, reported strong financial results for FY 2025. Net income reached ARS 224,366 million, up from ARS 163,826 million in 2024, while consolidated operating income improved to ARS 220,945 million from a loss of ARS 172,748 million in the previous year.
The company's agricultural operations spanned 300,000 hectares with crop production of 830,000 tons, despite challenging conditions including low commodity prices and irregular weather. Notable real estate transactions included the sale of a 3,630-hectare parcel in Los Pozos (Argentina) and Brasilagro's sale of the entire 17,799-hectare Preferencia farm in Brazil.
The Argentine government's recent policies, including foreign exchange liberalization and reduced export taxes on major grains and beef, are expected to enhance sector profitability for the upcoming campaign.
Positive
- Net income increased to ARS 224,366 million from ARS 163,826 million year-over-year
- Operating income improved significantly to ARS 220,945 million from a loss in previous year
- Successful real estate transactions including sale of 17,799-hectare Preferencia farm
- Government reduction in export taxes expected to improve profitability
- Strong livestock margins due to firm cattle prices and lower feeding costs
Negative
- Agricultural Business Revenue declined to ARS 448,266 million from ARS 503,614 million
- Gross profit decreased to ARS 368,054 million from ARS 406,483 million
- EPS (Basic) dropped to 160.81 from 229.11
- Challenging conditions with historically low commodity prices and high input costs
News Market Reaction 1 Alert
On the day this news was published, CRESY declined 0.21%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
- Net income for fiscal year 2025 amounted to
ARS 224,366 million , compared toARS 163,826 million in 2024. - Consolidated Operating Income reached
ARS 220,945 million in fiscal year 2025, compared to a loss ofARS 172,748 million in the previous fiscal year. Operating Income from the Agribusiness segment reachedARS 49,166 million in fiscal year 2025. - The 2025 campaign was carried out with a larger planted area in the region, stable but historically low commodity prices, input costs that remain high relative to prices, and irregular weather conditions in
Argentina and in some of the regions where BrasilAgro operates. We planted approximately 300,000 hectares and achieved crop production of 830,000. - During the fiscal year, the Argentine government advanced in foreign exchange liberalization and, after year-end, permanently reduced export taxes on major grains and beef. These measures strengthen the sector and improve profitability prospects for the next campaign.
- Livestock activity recorded an increase in beef production, with firm cattle prices and lower feeding costs driving strong margins. During the year, we continued to intensify the business, strengthening its contribution to the Company's results.
- In real estate, during the fiscal year we sold a 3,630-hectare parcel of Los Pozos (
Argentina ), and our subsidiary Brasilagro sold the entire Preferencia farm (17,799 ha) inBrazil , generating very strong results. Additionally, it completed the final stages of the previously executed sales of Alto Taquari (1,157 ha) and Rio do Meio (852 ha).
Financial Highlights
(In millions of Argentine Pesos)
FY 2025
Income Statement | 06/30/2025 | 06/30/2024 Restated |
Agricultural Business Revenue | 448,266 | 503,614 |
Agricultural Business Gross Profit | 83,861 | 102,230 |
Urban Properties Revenues | 374,662 | 377,202 |
Urban Properties Gross Profit | 287,056 | 309,035 |
Consolidated Gross Profit | 368,054 | 406,483 |
Consolidated Result from Operations | 220,945 | -172,748 |
Result for the Period | 224,366 | 163,826 |
Attributable to: | ||
Cresud's Shareholders | 96.148 | 135.726 |
Non-Controlling interest | 128.218 | 28.100 |
EPS (Basic) | 160.81 | 229.11 |
EPS (Diluted) | 145.22 | 193.41 |
Balance Sheet | 06/30/2025 | 06/30/2024 Restated |
Current Assets | 1,246,695 | 984,865 |
Non-Current Assets | 3,842,127 | 3,857,352 |
Total Assets | 5,088,822 | 4,842,217 |
Current Liabilities | 1,001,779 | 919,000 |
Non-Current Liabilities | 1,873,251 | 1,744,976 |
Total Liabilities | 2,875,030 | 2,663,976 |
Non-Controlling Interest | 1,243,206 | 1,209,702 |
Shareholders' Equity | 2,213,792 | 2,178,241 |
CRESUD, leading Latin American agricultural company, cordially invites you to participate in its Fiscal Year 2025 Results Conference Call on Friday, September 5, 2025, at 3:00 PM Eastern Time / 04:00 PM BA Time.
To access the Webinar:
https://zoom.us/webinar/register/WN_7yfo8y8TQX2ZXr1m351CFg
Webinar ID: 966 2277 4345
Password: 952957
In addition, you can participate communicating to this 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
Cresud S.A.C.I.F. y A.
+5411 4323-7449
Follow us on X: @cresudir
SOURCE Cresud S.A.C.I.F. y A.