PR Newswire

The newsfeed available here is provided by our content partner PR Newswire. This is one of the most important and widest-reaching press services, providing news, press releases and multimedia content to the media, journalists and the public.
The NewsWire Hub ("X-Billboard") currently comprises four of the most important international news sources and is supplemented by a stock market information service. The individual newswire services complement each other and provide a complementary range of information, more than three quarters of the official news sources on which editors worldwide base their stock market reporting. Your advantage: You will find everything here in one overview. You can navigate to the individual sections using the control elements. In the terminal view, you can carry out individual searches at company level.
presented by
N
More Tools & Gadgets
F&G: 35
5.525,55 S&P · 23,63 Vola-Index · 94.857,11 BTC · 1,13780 EURUSD
System-State: Number of processed items 86.793 Notifications successully processed since Inception
EXCHANGE NEWSBOARD
                              
NEWSWIRE INFOBOARD
                              
PR Newswire is an important news source that can be accessed via the X-Billboard. It is part of the Newswire Hub, which bundles important international news sources for stock market participants in one central location. If you want to get a quick overview, you can easily scroll through the headlines. If you want to look at the news in more detail, you can use the detailed views of the info cards to directly access the respective news item and other analysis tools.
NEWS
EXPLORER
State: 29.04.2025 | 1PM
Fri, 08.11.2024       Cresud
US2264061068

BUENOS AIRES, Argentina, Nov. 8, 2024 /PRNewswire/ -- Cresud S.A.C.I.F. y A. (NASDAQ: CRESY, BYMA: CRES), leading Argentine agricultural company, announces today its results for the first quarter of FY 2025 ended September 30, 2024.

HIGHLIGHTS

The net result for the first quarter of fiscal year 2025 registered a loss of ARS 72,374 million, 129.7% lower than the one registered in the same period of 2024. This lower result is mainly explained by the loss due to changes in the fair value of IRSA investment properties.The adjusted EBITDA for the period reached ARS 73,977 million, 68.0% higher than the same period in 2024. The agribusiness adjusted EBITDA was ARS 27,919 million and the Urban adjusted EBITDA (through IRSA), ARS 47,290 million.The 2025 campaign is being developed with good weather conditions in the region, stable commodity prices and costs that are beginning to correct although they remain high compared to prices. We hope to plant approximately 303,000 hectares, 9% more than in the 2024 campaign.During the quarter, we sold a fraction of Los Pozos farm in Argentina for USD 2.2 million and our subsidiary Brasilagro sold a fraction of its Alto Taquari farm for BRL 189.4 million.On October 28, 2024, the Shareholders' Meeting approved the distribution of a cash dividend of ARS 45,000 million (dividend yield ~7%).
Read More
Cresud
Technical Analysis Termsheet Terminal
Permalink

The information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.

RAW DATA PROCESSING means that raw data is processed without changing the content. The data is supplemented to improve the interpretation of the information in terms of usability.

Note: The newswire cross-link panel at the top allows you to quickly and easily access additional sources of information. In the terminal view, the news is filtered at company level and enables targeted searches.

On behalf of the trading community, we would like to thank the operators of the trading venues for providing information services.