Cresud Sociedad (CRESY) has released an update.
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Cresud Sociedad reports a significant loss of ARS 72,374 million in the first quarter of fiscal year 2025, largely due to changes in the fair value of its investment properties. However, the company’s adjusted EBITDA surged by 68% to ARS 73,977 million, driven by strong performance in both agribusiness and urban sectors. Cresud is also set to distribute a cash dividend of ARS 45,000 million, reflecting a yield of approximately 7%.
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