Cresud Reports First Quarter Fiscal 2027 Financial Results
Cresud Sociedad Anónima reported its financial results for the first quarter of fiscal year 2027, revealing a significant divergence between net income and operational performance. Net income for the period fell to ARS 26,331 million, a sharp decline compared to the ARS 146,866 million recorded during the same quarter in 2026. Despite the drop in bottom-line profit, the company demonstrated strong operational growth. Adjusted EBITDA reached ARS 130,401 million, representing a 66.4% increase over the first quarter of 2026. This suggests robust core business performance even as net profitability faced headwinds.
Tickers: $CRESY
Topics: EBITDA financial results net income
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Part of the story Cresud reports FQ1 results (2 articles)