| Market Capitalization (Millions $) |
6,938 |
| Shares
Outstanding (Millions) |
592 |
| Employees |
2,867 |
| Revenues (TTM) (Millions $) |
18,570 |
| Net Income (TTM) (Millions $) |
2,453 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
78,382 |
Cresud Inc
Cresud Inc. is a leading agricultural company based in Argentina that specializes in the production of beef, dairy, soybean, wheat, corn, and sugarcane. It also operates in Brazil, Paraguay, and Bolivia, making it one of the largest players in the Latin American agricultural market. Cresud's business model includes agricultural production, land acquisition and management, real estate development, and other complementary activities.
Agricultural Production: Cresud focuses on producing quality agricultural products to meet domestic and international demand. In Argentina, the company's livestock and crop farming operations utilize advanced technologies and agronomic practices to achieve high yields and enhance crop/animal quality. The beef and dairy farms have over 75,000 hectares of land, supplying both the local market and exports to other countries. The company also produces grains such as soybean, wheat, and corn, as well as sugarcane, used for biofuels production. Cresud's massive corn production also benefits the ethanol industry, where the company has a significant market share in Argentina.
Land Acquisition and Management: Cresud is engaged in acquiring and leasing prime agricultural land in Argentina, which is a valuable asset for the company. A portion of its landholdings is unproductive and used for conservation purposes. The company seeks to increase productivity by planting crops, operating dairy and beef farms, and practicing sustainable land use management. Cresud has the potential for further expansion through continued land acquisition and resource management.
Real Estate Development: Cresud has expanded its activities beyond agriculture to include real estate development. Through its subsidiaries Los Arbolitos, BR Properties, and other joint ventures, Cresud develops, owns, and operates real estate properties primarily in Argentina and Brazil. The company's real estate portfolio consists of residential properties, shopping malls, office buildings, and hotels. Additionally, Cresud has a significant stake in its affiliate IRSA (Inversiones y Representaciones Sociedad An'nima), which focuses on the development of the real estate sector in Argentina.
Other Complementary Activities: Cresud engages in complementary activities such as export logistics, infrastructure monitoring and maintenance, and energy generation. The company operates seven hydroelectric power plants in Argentina, which have a total capacity of 130 MW, enough to power over 200,000 homes. Cresud also owns Trafigura Pampa Energia, a biodiesel production project in the province of Santa Fe, which has a plant designed to produce 240,000 tons of biodiesel per year.
Cresud is a well-diversified, vertically integrated company that operates in different sectors of the agriculture and real estate industry. Its operations include the production of agricultural products, land acquisition and management, real estate development, and complementary activities, such as energy generation. With a strong focus on quality, sustainability and productivity, the company has established itself as one of the leading agricultural companies in the region.
Company Address: Carlos M. Della Paolera 261 City of Buenos Aires 0
Company Phone Number: 4323-7449 Stock Exchange / Ticker: NASDAQ CRESY
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