Cresud Reports Fiscal Year 2026 Growth Driven by Record Grain Production

The company’s performance was buoyed by a 5% increase in planted area, totaling 314,000 hectares and yielding over one million tons of grain. While operations in Argentina saw record wheat production and strong soybean and corn yields, the firm's Brazilian subsidiary, BrasilAgro, faced headwinds from adverse weather and fires, particularly affecting sugarcane output. Despite these localized challenges, livestock production reached record levels, supported by infrastructure investments and intensified feedlot operations.

Beyond agribusiness, the company’s Urban Properties and Investments segment, managed through IRSA, contributed ARS 291,055 million to the adjusted EBITDA. Financial stability remained a priority throughout the year, with the company issuing approximately USD 256 million in notes to extend maturity profiles and lower financing costs. Shareholders were further rewarded through a dividend distribution of ARS 93,800 million, reflecting an approximate 8% yield. As of June 30, 2026, Cresud maintained a market capitalization of roughly USD 795.1 million.