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

Insights

Agricultural Financial Analyst

Cresud reports strong ARS 224.4B net income for FY2025, with agricultural segment contributing ARS 49.2B despite challenging commodity price environment.

Cresud has delivered a 37% year-over-year increase in net income, reaching ARS 224,366 million compared to ARS 163,826 million in 2024. This substantial improvement came despite operating in an environment characterized by historically low commodity prices and elevated input costs.

The company's consolidated operating income showed a dramatic turnaround, posting ARS 220,945 million compared to a loss of ARS 172,748 million in the previous fiscal year. This ARS 393,693 million positive swing demonstrates significant operational improvement across segments.

The agricultural business segment contributed ARS 49,166 million in operating income, reflecting Cresud's ability to navigate challenging market conditions. Their expanded planting area of approximately 300,000 hectares yielded 830,000 tons of crop production despite irregular weather patterns across Argentina and parts of Brazil.

Strategic land transactions were a key driver of performance, including the sale of a 3,630-hectare parcel in Argentina and the complete divestiture of the 17,799-hectare Preferencia farm in Brazil through subsidiary Brasilagro. These sales generated substantial gains, highlighting the value of Cresud's land bank and its strategic approach to portfolio optimization.

The livestock division showed improved performance with increased beef production and stronger margins, benefiting from firm cattle prices coupled with lower feeding costs. This validates management's decision to intensify this business line.

While agricultural business revenue declined to ARS 448,266 million from ARS 503,614 million, the company maintained strong overall profitability. The post-fiscal year reduction in export taxes on major agricultural commodities by the Argentine government creates a more favorable outlook for the upcoming campaign, potentially improving margins and competitiveness in international markets.

Despite strong net income growth, earnings per share declined to ARS 160.81 from ARS 229.11, primarily due to a shift in income attribution. While income attributable to Cresud shareholders fell to ARS 96,148 million, non-controlling interests saw their portion surge to ARS 128,218 million, indicating substantial performance improvements in subsidiaries where Cresud holds partial ownership.

BUENOS AIRES, Sept. 4, 2025 /PRNewswire/ -- HIGHLIGHTS

• Net income for fiscal year 2025 amounted to ARS 224,366 million, compared to ARS 163,826 million in 2024.
  
  
• Consolidated Operating Income reached ARS 220,945 million in fiscal year 2025, compared to a loss of ARS 172,748 million in the previous fiscal year. Operating Income from the Agribusiness segment reached ARS 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) in Brazil, 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:

Argentina: +54 115 983 6950 or +54 341 512 2188 or +54 343 414 5986 or +54 112 040 0447

Israel: +972 3 978 6688 or +972 2 376 4509 or +972 2 376 4510

Brazil: +55 21 3958 7888 or +55 11 4632 2236 or +55 11 4632 2237 or +55 11 4680 6788 or +55 11 4700 9668

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

Chile: +56 41 256 0288 or +56 22 573 9304 or +56 22 573 9305 or +56 23 210 9066 or +56 232 938 848

Investor Relations Department.

https://www.cresud.com.ar/home-inversores.php?lng=en

Cresud S.A.C.I.F. y A.

+5411 4323-7449

ir@cresud.com.ar

Follow us on X: @cresudir

View original content:https://www.prnewswire.com/news-releases/cresud-sacif-y-a-nasdaqcresy-bymacres-leading-latin-american-agricultural-company-announces-today-its-results-for-the-fiscal-year-2025-ended-june-30-2025-302547146.html

SOURCE Cresud S.A.C.I.F. y A.

FAQ

What were Cresud's (CRESY) key financial results for fiscal year 2025?

Cresud reported net income of ARS 224,366 million, up from ARS 163,826 million in 2024, with consolidated operating income of ARS 220,945 million compared to a previous year loss.

How many hectares did Cresud plant in 2025 and what was the production volume?

Cresud planted approximately 300,000 hectares and achieved crop production of 830,000 tons during the 2025 campaign.

What major real estate transactions did Cresud complete in FY 2025?

Cresud sold a 3,630-hectare parcel of Los Pozos in Argentina, and its subsidiary Brasilagro sold the 17,799-hectare Preferencia farm in Brazil, plus completed sales of Alto Taquari and Rio do Meio properties.

How did Argentine government policies affect Cresud's outlook?

The government's foreign exchange liberalization and reduction in export taxes on major grains and beef are expected to strengthen the sector and improve profitability for the next campaign.

What was Cresud's EPS for fiscal year 2025?

Cresud reported Basic EPS of 160.81 and Diluted EPS of 145.22 for fiscal year 2025, compared to 229.11 and 193.41 respectively in 2024.