Cresud Sociedad Reports Mixed Fiscal Year Results

Cresud Sociedad (CRESY) has released an update.

Cresud Sociedad, an Argentinian agro-industrial company, reported a fiscal year 2024 profit of ARS 104,129 million, a decrease from the previous year’s ARS 279,709 million. The company’s EBITDA increased by 23.5%, with significant contributions from both agricultural and urban properties businesses. Key activities included a challenging but productive agricultural campaign and profitable livestock and property sales, alongside the distribution of cash dividends and IRSA shares to shareholders.

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