CRESUD S.A.C.I.F. y A. announces its results for the third quarter of Fiscal Year 2025 ended March 31, 2025

BUENOS AIRES, Argentina, May 9, 2025 /PRNewswire/ -- Cresud S.A.C.I.F. y A. (NASDAQ: CRESY, BYMA: CRES), leading Argentine agricultural company, announces today its results for the third quarter of FY 2025 ended March 31, 2025.

HIGHLIGHTS

• The net result for the nine-month period of the 2025 fiscal year recorded a profit of ARS 57,895 million, compared to a loss of ARS 39,987 million in the same period of 2024.
• The adjusted EBITDA of the segments that make up the agricultural business was ARS 31,072 million, while the urban properties and investments business (through IRSA) recorded ARS 156,380 million.
• The 2025 campaign progressed with a good level of rainfall in the region, despite some irregularity in frequency specially in Northern Argentina, with sustained commodity prices and stable input costs. We planted 300,000 hectares in the region and expect to produce approximately 867,000 tons of grains, 23% more than in the previous campaign.
• Cattle activity in Argentina is developing with very good prices, margins, and production levels.
• During the quarter and after the closing, the Argentine government announced two favorable measures for the agricultural sector. First, a temporary reduction, until June 30, 2025, in export duties for soybeans, from 33% to 26%, and for wheat and corn, from 12% to 9.5%, with a positive impact on available and future grain prices. Second, the partial elimination of capital controls, with a direct impact on the convergence of exchange rates.
• During the nine-month period of the 2025 fiscal year, we sold a portion of the "Los Pozos" farm in Argentina for USD 2.2 million, and our subsidiary BrasilAgro sold a portion of "Alto Taquari" farm for BRL 189.4 million.

Financial Highlights
(In millions of Argentine Pesos)
9M FY 2025 ended March 31, 2025

Income Statement	03/31/2025	03/31/2024
Agricultural Business Revenue	353,159	371,988
Agricultural Business Gross Profit	54,117	97,424
Urban Properties Revenues	269,586	276,363
Urban Properties Gross Profit	206,917	227,653
Consolidated Gross Profit	259,097	321,226
Consolidated results from Operations	7,882	(363,662)
Profit for the Period	57,895	(39,987)
Attributable to:
Cresud's Shareholders	22,228	34,835
Non-Controlling interest	35,667	(74,822)
EPS (Basic)	37.27	58.83
EPS (Diluted)	31.14	49.76
Balance Sheet	03/31/2025	06/30/2024
Current Assets	1,173,788	929,008
Non-Current Assets	3,448,008	3,638,579
Total Assets	4,621,796	4,567,587
Current Liabilities	936,607	864,837
Non-Current Liabilities	1,783,058	1,646,010
Total Liabilities	2,719,665	2,510,847
Non-Controlling Interest	1,056,548	1,141,092
Shareholders' Equity	1,902,131	2,056,740

The Company's market capitalization as of March 31, 2025, was approximately USD 653.5 million. (60,504,918 ADS with a price per ADS of USD 10.8)

Cresud, leading Argentinean agricultural company with a growing presence in Latin American countries, cordially invites you to participate in its third quarter of the FY 2025 Results Conference Call on Monday, May 12, 2025, at 2:00 PM Eastern Time / 3:00 PM BA Time.

To access the Webinar:
https://zoom.us/webinar/register/WN_HkWCcRhyTXSj0wojdiCShQ
Webinar ID: 979 5279 7878
Password: 326784

In addition, you can participate communicating to this numbers:

Argentina: [phone] or [phone] or [phone] or [phone]
Israel: [phone] or [phone] or [phone]
Brazil: [phone] or [phone] or [phone] or [phone] or [phone]
US: [phone] or [phone] or [phone] or [phone] or [phone]
Chile: [phone] or [phone] or [phone] or [phone] or [phone]
UK: [phone] or [phone] or [phone] or [phone] or [phone]

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

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