Cresud SA
1.15
USD
-0.02
(-1.71%)
ISIN
ARP331091024
Return %
Stock
S&P 500
1Y
24.84
14.20
3Y
61.75
81.12
5Y
61.75
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Alejandro Gustavo Elsztain
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- Buenos Aires Argentina
- IPO Date
- Feb 22, 2008
- Website
- cresud.com.ar
- Similar Companies
- Business
- Cresud S.A. Comercial, Inmobiliaria, Financiera y Agropecuaria is an Argentina-based agribusiness and real estate enterprise engaged in agricultural production, farmland transformation, and urban commercial property investment across Latin America. Founded in 1936 and headquartered in Buenos Aires, Argentina, the company operates through two primary segments: Agricultural Business and Urban Properties and Investment Business. The company's Agricultural Business focuses on the large-scale production and commercialization of agricultural commodities, including oilseeds such as soybeans and sunflowers; cereals such as corn, wheat, and sorghum; and industrial and specialty crops such as sugarcane and peanuts. Its livestock activities encompass cattle breeding, backgrounding, and fattening for beef production sold to domestic and international meatpackers and slaughterhouses, as well as dairy farming operations. In addition, Cresud operates a strategic farmland real estate model involving the acquisition of underutilized or underdeveloped agricultural land, its conversion into high-yield arable acreage through technology and infrastructure investment, and the selective leasing or opportunistic sale of appreciated properties. Through its subsidiary Futuros y Opciones S.A. (FyO), the company provides agribusiness commercial services, including grain brokerage, physical commodity trading, financial derivatives advisory, logistics management, and storage solutions; through Agrofy, it operates a digital agribusiness marketplace facilitating transactions for agricultural machinery, crop inputs, vehicles, tools, and rural real estate. Through its controlling interest in IRSA Inversiones y Representaciones S.A., Cresud owns, develops, and manages a diversified portfolio of urban real estate assets, including shopping centers, Class A office buildings, luxury hotels, and residential development properties. Geographically, Cresud conducts its agricultural operations across Argentina, Brazil (primarily via its subsidiary BrasilAgro - Companhia Brasileira de Propriedades Agrícolas), and Bolivia, while its urban real estate activities are concentrated in Argentina. In recent operational and corporate developments, Cresud has actively pursued its farmland rotation and asset monetization strategy across South America, executing partial sales of mature agricultural tracts, including fractions of the Los Pozos property in Argentina and BrasilAgro's Alto Taquari farm in Brazil, to capture real estate appreciation. The company has expanded its regional production footprint, increasing its planted surface to over 300,000 hectares across operational territories to leverage agricultural scale and operational efficiencies. On the capital allocation front, Cresud completed a common share repurchase program to enhance equity value, approved significant cash dividend distributions to shareholders, and continued to optimize its debt maturity profiles and liquidity across both its agribusiness and IRSA commercial real estate subsidiaries.