CRESUD is an Argentine company, leader in the agribusiness for more than 80 years. We produce high quality goods, adding value to the Argentine agricultural production chain, with a growing presence in the region through investments in Brazil, Paraguay, and Bolivia. CRESUD is the only company of the sector whose shares are listed both on the Buenos Aires Stock Exchange (BYMA:CRES) and NASDAQ (NASDAQ:CRESY) with full transparency and responsibility.
LEADING AGRICULTURAL COMPANY
Managing an approximately 800k ha portfolio in Argentina, and in Brazil, Paraguay & Bolivia through our subsidiary Brasilagro.
DIVERSIFIED PORTFOLIO
Exposure to farmland in Argentina, Brazil, Paraguay and Bolivia mitigates agribusiness risks.
PIONEER IN FARMLAND REAL ESTATE
State of the art farmer with proven track record rotating the portfolio. Management of great experience and unique skills.
CONTROLLER OF IRSA
Largest diversified real estate company that manages a rental portfolio of more than 500k sqm of GLA in Argentina
STRONG CAPITAL MARKETS' TRACK RECORD
Listed on BYMA since 1960 (CRES) and on NASDAQ since 1997 (CRESY). First argentine agricultural company to be listed abroad Argentina.
100%
39.4%
53.9%
Farms in
ARGENTINA
Regional Farmland
Real Estate
Brazil, Bolivia &
Paraguay
50.1%
17.7%
33.6%
Agribusiness
Agricultural
commercial
Marketplace
services
PORTFOLIO GROWTH
REGIONAL AGRICULTURAL PORTFOLIO
Bolivia
10,020 ha
1%
Argentina 534,080 ha 71%
FARMING ACTIVITY
Brazil
145,796 ha
20%
Paraguay 59,585 ha 8%
FARMLAND SALES TRACK RECORD
ADJUSTED EBITDA EVOLUTION AND DEBT PROFILE
JUNE 30, 2021 - USD MILLION
ADJ. EBITDA BY AGRIBUSINESS SEGMENT
(USD MM)
191
+37.4%
18
FARMING
FARMLAND SALES
139
59
OTHERS
11
105
30
93
11
9
75
25
36
115
45
97
48
69
9
31
10
-2
-1
FY 19
FY 20
FY 21
FY 22
FY 17
FY 18
25 YEARS TRACK RECORD
FARMS SOLD PER YEAR
2.4x
HA SOLD PER YEAR
17,000
PORTFOLIO SOLD
PER YEAR
3.0%
DEBT
Amount
Maturity
Description
Short term debt
81.1
<360 days
Series XXXII
34.3
Nov-22
Series XXIII*
113.2
Feb-23
Series XXX
25.0
Aug-23
Series XXXI
0.8
Nov-23
Series XXXIV
24.0
Jun-24
Series XXXIII
18.8
Jul-24
Series XXXV
41.8
Sep-24
Series XXXVII
24.4
Mar-25
Series XXXVI
40.6
Feb-25
Other Debt
37.1
-
GROSS DEBT
441.1
Cash & Equivalents
58.0
NET DEBT
383.1
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Cresud S.A.C.I.F. y A. published this content on 24 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 January 2023 15:28:02 UTC.
Cresud SACIF y A is an Argentina-based company engaged mainly in telecommunications sector. Through its subsidiaries, it operates two segments: Agricultural Business and Urban Properties and Investment Business, which is divided into: Operations Center Argentina and Operations Center Israel. Agricultural Business focuses on acquiring, developing and exploiting agricultural properties. It is involved in farming activities, cattle raising, leasing land to third parties and perform agency and agro-industrial services, including a meat packing plant. Operations Center Argentina is engaged in the development, acquisition and operation of shopping malls, offices and hotels, among others, in Argentina, and owns selective investments outside Argentina. Operations Center Israel includes real estate activities in Israel and abroad, supermarket chain management and telecommunications services, both locally, as well as is engaged in the insurance, pension and provident funds, among others.