CRESUD S.A.C.I.F. y A. announces its results for the first quarter of Fiscal Year 2027 ended September 30, 2026

BUENOS AIRES, Argentina, Nov. 10, 2026 /PRNewswire/ -- Cresud S.A.C.I.F. y A. (NASDAQ: CRESY, BYMA: CRES), leading Argentine agricultural company, announces today its results for the first quarter of FY 2027 ended September 30, 2026.

HIGHLIGHTS

• Net income for the first quarter of fiscal year 2027 amounted to ARS 26,331 million, compared to a profit of ARS 146,866 million in the same quarter of 2026. This lower result was mainly explained by losses from changes in the fair value of investment properties in the urban real estate business (IRSA).
  
  
• Adjusted EBITDA for the period reached ARS 130,401 million, 66.4% higher than in the same period of 2026. Adjusted EBITDA from the agricultural business segments amounted to ARS 49,194 million, while the urban properties and investments business (through IRSA) contributed ARS 84,016 million.
  
  
• The 2027 regional agricultural campaign is beginning with an increase in planted area and favorable production prospects, amid weather conditions associated with the El Niño phenomenon. We expect to plant approximately 324,000 hectares across the region, 3.3% more than in the 2026 campaign.
  
  
• Our subsidiary BrasilAgro completed the sale of a 2,593-hectare portion (1,753 productive hectares) of the "Rio do Meio" farm for a nominal amount of BRL 96.4 million.
  
  
• The cattle business recorded relatively stable cattle prices during the quarter, with tighter margins.
  
  
• On October 22, 2026, the Shareholders' Meeting approved a dividend distribution of ARS 116,000 million, consisting of ARS 81,200 million in cash and ARS 34,800 million in IRSA shares (~9% dividend yield).

Financial Highlights (In millions of Argentine Pesos) 3M FY 2027 ended September 30, 2026
Income Statement	09/30/2026	09/30/2025
Agricultural Business Revenue	236,431	253,591
Agricultural Business Gross Profit	58,581	46,713
Urban Properties Revenues	144,951	137,626
Urban Properties Gross Profit	112,074	106,644
Consolidated Gross Profit	168,792	152,257
Consolidated results from Operations	42,550	353,371
Result for the Period	26,331	146,866
Attributable to:
Cresud's Shareholders	2,655	49,133
Non-Controlling interest	23,676	97,733
EPS (Basic)	3.75	80.73
EPS (Diluted)	3.75	74.42
Balance Sheet	09/30/2026	06/30/2026
Current Assets	1,795,428	1,930,109
Non-Current Assets	5,665,191	5,735,830
Total Assets	7,460,619	7,665,939
Current Liabilities	1,222,830	1,317,523
Non-Current Liabilities	2,932,478	3,010,464
Total Liabilities	4,155,308	4,327,987
Non-Controlling Interest	1,780,775	1,798,409
Shareholders' Equity	3,305,311	3,337,952

The Company's market capitalization as of September 30, 2026, was approximately USD 736.6 million. (70,930,830 ADS with a price per ADS of USD 10.38)

Cresud, leading Argentinean agricultural company with a growing presence in Latin American countries, cordially invites you to participate in its first quarter of the FY 2027 Results Conference Call on Friday, November 13, 2026, at 10:00 AM Eastern Time / 12:00 PM BA Time.

To access the Webinar:

https://us02web.zoom.us/webinar/register/WN_ea7JuatJSnaLlMuDlzHXww

Webinar ID: 810 9624 9792

Password: 993551

In addition, you can participate by dialing the following numbers:

Argentina: [phone] or [phone] or [phone] or [phone]

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