Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria operates in the agribusiness sector within the agricultural production and rural property management industry. The company is engaged in large-scale farming, livestock operations and land management across South America.
Its main areas of activity include:
• Cultivation of grains, oilseeds and agricultural commodities.
• Livestock production and farm operations.
• Rural property management and land leasing.
• Investments in agribusiness and real estate projects.
Cresud operates an integrated agricultural model that combines production, land development and participation in related businesses across the agribusiness value chain.
The company’s operations are primarily concentrated in Argentina, with additional exposure in Brazil, Bolivia and Paraguay through affiliated companies and regional investments.
Industry dynamics affecting the company include commodity price volatility, climate conditions, agricultural policies, global food demand, land availability and logistics infrastructure.
Shares of Cresud S.A. trade on the Nasdaq under the ticker CRESY.
History and Development
Cresud was founded in 1936 with a focus on developing and managing agricultural land for food production in Argentina.
In its early years, the company concentrated on expanding its land base, improving productivity and diversifying agricultural outputs. Growth was driven by expansion into livestock operations, entry into new regional markets and the development of rural property portfolios.
During the 1990s and 2000s, Cresud strengthened its presence in South America through strategic investments and acquisitions, increasing its exposure to large-scale agricultural production. In 1997, the company completed its initial public offering (IPO) on the Nasdaq, enabling access to capital to support expansion and diversification.
In recent years, the company has operated in a context shaped by climate variability, commodity price fluctuations and regional economic conditions.
Additional Information
Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (United States) is listed on the Nasdaq and has a market capitalization of $698.88 Millions, with shareholders equity totaling $2.01 Billions.
The company employs approximately 3.185 people and operates in the Services sector, within the Retail (Food Products) industry.
Over the past 12 months, Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria reported $690.60 Millions in revenue, generating net income of $135.44 Millions.
Key financial metrics include a P/E ratio of 5.16, a price-to-book (P/B) ratio of 0.35, and a trailing twelve-month dividend yield of 11.53%.
The company trades under the ticker CRESY.