BUENOS AIRES, Argentina, May 7, 2026 /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 2026 ended March 31, 2026.

HIGHLIGHTS

   -- Net income for the nine-month period of FY2026 recorded a gain of ARS 
      231,308 million, compared to a gain of ARS 77,358 million in the same 
      period of FY2025, mainly driven by the operating performance of the Urban 
      Properties and Investments business (IRSA). 
 
   -- Adjusted EBITDA for the period reached ARS 202,839 million, 12.0% below 
      the same period of FY2025. Adjusted EBITDA from the agribusiness segments 
      was a gain of ARS 13,646 million, while the Urban Properties and 
      Investments segment (through IRSA) recorded a gain of ARS 214,587 
      million. 
 
   -- The 2026 campaign is progressing under generally favorable weather 
      conditions, except in some regions where BrasilAgro operates, amid rising 
      international commodity prices and higher input costs. We planted 311,000 
      hectares across the region, 4.2% above the previous campaign. 
 
   -- Argentina recorded solid grain production results, with record wheat 
      production and strong development of summer crops --soybeans and corn-- 
      supporting good yields and production levels. Meanwhile, BrasilAgro faces 
      a more challenging environment, impacted by adverse weather events in 
      certain regions, tighter margins in some crops, and a lower contribution 
      from sugarcane. 
 
   -- Livestock activity continues to benefit from firm cattle prices, 
      supported by international demand and a strong local market, allowing for 
      solid production margins. 
 
   -- Subsequent to quarter-end, we issued Series LII and LIII notes in the 
      local market for a total amount of USD 64.2 million, reducing the 
      company's average financing cost. 

Financial Highlights

(In millions of Argentine Pesos)

9M FY 2026 ended March 31, 2026

 
                                                      03/31/2025 
 Income Statement                        03/31/2026     Restated 
 Agricultural Business Revenue              505,820      395,890 
 Agricultural Business Gross Profit          94,059       71,765 
 Urban Properties Revenues                  373,352      357,489 
 Urban Properties Gross Profit              292,738      274,386 
 Consolidated Gross Profit                  383,309      343,581 
 Consolidated results from Operations       211,588       10,388 
--------------------------------------  -----------  ----------- 
 Result for the Period                      231,308       77,358 
--------------------------------------  -----------  ----------- 
 
 Attributable to: 
-------------------------------------- 
 Cresud's Shareholders                      121,665       30,061 
 Non-Controlling interest                   109,643       47,297 
 
 EPS (Basic)                                 189.99        49.97 
 EPS (Diluted)                               189.99        44.53 
 
 Balance Sheet                           03/31/2026   06/30/2025 
 Current Assets                           1,621,000    1,559,439 
 Non-Current Assets                       4,886,496    4,805,956 
--------------------------------------  -----------  ----------- 
 Total Assets                             6,507,496    6,365,395 
--------------------------------------  -----------  ----------- 
 Current Liabilities                      1,131,838    1,253,082 
 Non-Current Liabilities                  2,560,867    2,343,172 
--------------------------------------  -----------  ----------- 
 Total Liabilities                        3,692,705    3,596,254 
--------------------------------------  -----------  ----------- 
 Non-Controlling Interest                 1,507,749    1,555,075 
 Shareholders' Equity                     2,814,791    2,769,141 
 

The Company's market capitalization as of March 31, 2026, was approximately USD 902.2 million. (70,930,830 ADS with a price per ADS of USD 12.72)

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 2026 Results Conference Call on Friday, May 8, 2026, at 12:30 PM Eastern Time / 01:30 PM BA Time.

To access the Webinar:

https://us02web.zoom.us/webinar/register/WN_WC3YC9wUQFGk8366I7q9rw

Webinar ID: 891 9471 0565

Password: 121281

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

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

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

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

US: +1 719 359 4580, +1 929 205 6099, +1 253 205 0468, +1 253 215 8782, +1 301 715 8592

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

UK: +44 330 088 5830, +44 131 460 1196, +44 203 481 5237, +44 203 481 5240, +44 208 080 6591

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 Twitter: @cresudir

View original content:https://www.prnewswire.com/news-releases/cresud-sacif-y-a-announces-its-results-for-the-third-quarter-of-fiscal-year-2026-ended-march-31-2026-302766346.html

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

(END) Dow Jones Newswires

May 07, 2026 19:01 ET (23:01 GMT)