CRES Cresud

[ElcuervoRT]

BUENOS AIRES, Argentina, Sept. 7, 2022 /PRNewswire/ -- Cresud S.A.C.I.F. y A. (NASDAQ: CRESY, BYMA: CRES), leading Argentine agricultural company, announces today its results for the Fiscal Year 2022 ended June 30, 2022.

HIGHLIGHTS

We concluded a regional agricultural campaign with very good results, motivated by an active demand for grains, high commodity prices, mixed weather conditions and a more dynamic real estate market, mainly in Brazil. We planted 254,000 hectares and reached a grain production of 800,000 tons.

Adjusted EBITDA reached ARS 47,739 million in fiscal year 2022, ARS 19,054 million from the agricultural business and ARS 28,685 million from the urban property and investment business, increasing 10% compared to fiscal year 2021.

The net result for fiscal year 2022 was a gain of ARS 63,000 million, compared to a loss of ARS 40,179 in the previous fiscal year.

During the fiscal year, our subsidiary Brasilagro sold a fraction of its Rio do Meio farm for BRL 130.1 million and a fraction of its Alto Taquarí farm for BRL 336.0 million.

Regarding the urban business, in December 2021, it was concluded the merger between IRSA and IRSA Commercial Properties that has an effective date of July 1, 2021. CRESUD's current stake in IRSA is 53.9%.

In financial matters, we issued debt in the local market for USD 125.6 million and subsequently, we completed the exchange of the Series XXIII Notes for USD 113 million within the framework of the Resolution of the Central Bank of the Argentine Republic, reaching an acceptance of 86.7%.

Subsequently, we launched a share repurchase plan for up to ARS 1,000 million, which to date has registered an advance of 99%.

Financial Highlights
(In millions of Argentine Pesos)
FY 2022 ended June 30, 2022

Income Statement Agricultural Business Revenue

64,408 48,813

06/30/2022 06/30/2021



Agricultural Business Revenue Agricultural Business Gross Profit

64,408 48,813


Urban Properties Revenues Urban Properties Gross Profit

25,593 16,585


(Loss) / Profit for the Period

63,000 (40,179)


Cresud, leading Argentinean agricultural company with a growing presence in Latin American countries, cordially invites you to participate in its Fiscal Year 2022 Results Conference Call on Friday, September 9, 2022, at 10:00 AM Eastern Time / 11:00 AM BA Time.

To access the Webinar:

https://irsacorp.zoom.us/j/87407524925? ... ViMCtodz09

Webinar ID: 874 0752 4925

Password: 164473

In addition, you can participate communicating to this numbers:

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



Investor Relations Department.

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

[banana]

MOLA esta volando , no asi ADEGO ni Bunge , que tambien va para atras,,,

[banana]

,,,estaba sobrevaluada estos ultimos dias,,,?

[banana]

y....en NY esta un 4 % arriba,,,,,solo entiendo que esos 6,40 x 285 mangos = $ 182

[blackbird]

Porque la caida del 7%

[serleo2005]

$ 200.- Soja, como ven la influencia en Cresud, entiendo es una mejora importante.

[serleo2005]

Cresud SACIF y A (CRESY)

NASDAQ
Añadir a cartera

6,140
-0,100
(-1,60%)

La semana que viene con el dólar Soja desplegamos las velas, esta para el olivido.
Buen finde Socios!

[elpipa]

Como dije ayer, se estab robando papeles en esta zona, vuelve arriba de los U$S 7.

[serleo2005]

Se va a 200?

[elpipa]

187...
Se estan robando papeles.

[Yops]

Vamos tomando algo de ganancias de a poco

CRESY +41% en el año

[Yops]

Vamos tomando algo de ganancias de a poco

[Chuikov]

Como el público se renueva hay que recordarlo: esta empresa es una estafa para el minoritario. Tengan cuidado. Si ganan buen dinero saquenlo e inviertan en algo con buen potencial.

[ElcuervoRT]

hasta 220 hay cuerda. o 7,15 ADR...El grafico lo anticipaba

[Yops]

Hasta el día de la fecha, se han recomprado acciones equivalentes a un total
de 5.636.603 CRESUD Ordinarias que representan aproximadamente un 98,27% del programa
aprobado

Veremos si amplían la recompra cuando lleguen al 100%