Cresud S.A.C.I.F. y A. (NASDAQ: CRESY, BYMA: CRES), leading Argentine agricultural company, announces today its results for the third quarter of FY 2022 ended March 31, 2022.
Agribusiness adjusted EBITDA reached ARS 18,276 million, 35.7% higher than the same period in 2021 due to better results from grains, sugar cane and farm sales.
- Agribusiness adjusted EBITDA reached ARS 18,276 million, 35.7% higher than the same period in 2021 due to better results from grains, sugar cane and farm sales.
- The 2022 campaign continued to develop with La Nia weather conditions, high international commodity prices and higher margins than the previous one, although with rising costs.
- We planted 255,000 ha in the region and expect a grain production of approximately 850,000 tons.
- 9M FY 2022 ended March 31, 2022