{"id":386039,"date":"2020-11-20T09:28:08","date_gmt":"2020-11-20T14:28:08","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=386039"},"modified":"2020-11-20T09:28:08","modified_gmt":"2020-11-20T14:28:08","slug":"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-2021-ended-september-30-2020","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/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-2021-ended-september-30-2020\/","title":{"rendered":"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 2021 ended September 30, 2020"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">BUENOS AIRES, Argentina<\/span>, <span class=\"xn-chron\">Nov. 20, 2020<\/span> \/PRNewswire\/ &#8212; <\/p>\n<p class=\"prntac\">\n        <b>HIGHLIGHTS<\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>The net result for the first quarter of fiscal year 2021 recorded a gain of <span class=\"xn-money\">ARS 7,526 million<\/span> compared to <span class=\"xn-money\">ARS 9,492 million<\/span> in the same period of 2020. The result from continuing operations recorded a gain of <span class=\"xn-money\">ARS 13,922 million<\/span> mainly due to higher results from changes in the fair value of the investment properties from our subsidiary IRSA.\n<\/li>\n<li>The result of discontinued operations recorded a loss of <span class=\"xn-money\">ARS 6,396 million<\/span> as a result of the deconsolidation of the investment in <span class=\"xn-location\">Israel<\/span> since <span class=\"xn-chron\">September 30, 2020<\/span>.\n<\/li>\n<li>Adjusted EBITDA for the reached <span class=\"xn-money\">ARS 5.811 million<\/span>, 63.5% higher than in the same period of fiscal year 2020. Agribusiness adjusted EBITDA was <span class=\"xn-money\">ARS 2,244<\/span> and urban properties and investments business (IRSA) adjusted EBITDA was <span class=\"xn-money\">ARS 4,913 million<\/span>.\n<\/li>\n<li>2021 Campaign is developing with high international commodity prices and under &#8220;Ni\u00f1a&#8221; weather conditions from moderate to neutral. We expect to plant approximately 262,000 ha.\n<\/li>\n<li>As a subsequent event, we completed an exchange of the Class XXIV Notes for a nominal value of <span class=\"xn-money\">USD 73.6 million<\/span>. The nominal value of the notes presented and accepted for exchange was approximately <span class=\"xn-money\">USD 65.1 million<\/span>, which represents a 88.41% acceptance, through the participation of 1,098 orders.<\/li>\n<\/ul>\n<p class=\"prntac\">\n        <b>Financial Highlights<br \/><\/b>(In millions of Argentine Pesos)<br \/><span class=\"xn-money\">3M<\/span> FY 2021 ended <span class=\"xn-chron\">September 30, 2020<\/span><\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnbcc\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Income Statement<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>09\/30\/2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnml6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>09\/30\/2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Agricultural Business Revenue<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">8,355<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">8,777<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Agricultural Business Gross Profit<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,404<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,254<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Urban Properties Revenues<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,219<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3,613<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Urban Properties Gross Profit<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">568<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,869<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Consolidated Gross Profit<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,899<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5,034<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Consolidated Profit from Operations<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">24,269<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">15,705<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Profit for the Period<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>7,526<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>9,492<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n              \n            <\/td>\n<td class=\"prngen6\">\n              \n            <\/td>\n<td class=\"prngen6\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\"><br \/>\n                  <u>Attributable to:<\/u><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n              \n            <\/td>\n<td class=\"prngen3\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Cresud&#8217;s Shareholders<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,893<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(3,193)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Non-Controlling interest<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4,633<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">12,685<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\">\n              \n            <\/td>\n<td class=\"prngen3\">\n              \n            <\/td>\n<td class=\"prngen3\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">EPS (Basic)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5.79<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(6.57)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">EPS (Diluted)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5.62<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(6.57)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\">\n              \n            <\/td>\n<td class=\"prngen3\">\n              \n            <\/td>\n<td class=\"prngen3\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Balance Sheet<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>09\/30\/2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>06\/30\/2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Current Assets<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">40,590<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">248,708<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Non-Current Assets<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">226,304<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">490,817<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total Assets<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>266,894<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>739,525<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen8\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Current Liabilities<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">67,362<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">186,092<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Non-Current Liabilities<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">106,850<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">421,928<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total Liabilities<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>174,212<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>608,020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen8\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Non-Controlling Interest<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">61,207<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">104,419<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Shareholders&#8217; Equity<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>92,682<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>131,505<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <b>Cresud<\/b>, leading Argentinean agricultural company with a growing presence in Latin American countries,\u00a0cordially invites you to participate in its first quarter of the FY 2021 Results Conference Call on <span class=\"xn-chron\">Friday, November 20, 2020<\/span>, at <span class=\"xn-chron\">02:00 PM Eastern Time<\/span> \/ <span class=\"xn-chron\">04:00 PM<\/span> BA Time.<\/p>\n<p>\n        <b>To access the Webinar:<br \/><\/b><br \/>\n        <a target=\"_blank\" href=\"https:\/\/irsacorp.zoom.us\/j\/87306808467?pwd=a0NPbi9qNXNzTmxHS1RpK1VmcHgxUT09\" rel=\"nofollow noopener noreferrer\">https:\/\/irsacorp.zoom.us\/j\/87306808467?pwd=a0NPbi9qNXNzTmxHS1RpK1VmcHgxUT09<\/a>\u00a0 <br \/>Webinar ID: 873 0680 8467<br \/>Password: 726457<\/p>\n<p>In addition, you can participate communicating to this numbers:<\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-location\">Argentina<\/span>: +54 112 040 0447 or +54 115 983 6950 or +54 341 512 2188 or +54 343 414 5986<\/b>\n      <\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-location\">Israel<\/span>: +972 55 330 1762 or +972 3 978 6688 <\/b>\n      <\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-location\">Brazil<\/span> : +55 11 4700 9668 or +55 21 3958 7888 or +55 11 4632 2236 or +55 11 4632 2237<\/b>\n      <\/p>\n<p>\n        <b>US: +1 346 248 7799 or +1 646 558 8656 or +1 669 900 9128 or +1 253 215 8782 or +1 301 715 8592<\/b>\n      <\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-location\">Chile<\/span>: +56 232 938 848 or +56 41 256 0288 or +56 22 573 9304 or +56 22 573 9305 or +56 23 210 9066<\/b>\n      <\/p>\n<p>\n        <b>Investor Relations Department. <br \/><\/b><br \/>\n        <a target=\"_blank\" href=\"https:\/\/www.cresud.com.ar\/home-inversores.php?lng=en\" rel=\"nofollow noopener noreferrer\">https:\/\/www.cresud.com.ar\/home-inversores.php?lng=en<\/a>\n      <\/p>\n<p>Cresud S.A.C.I.F. y A. <br \/>+5411 4323-7449 <br \/><a target=\"_blank\" href=\"mailto:ir@cresud.com.ar\" rel=\"nofollow noopener noreferrer\">ir@cresud.com.ar<\/a><\/p>\n<p>Follow us on Twitter: @cresudir<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=MX99514&amp;sd=2020-11-20\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/cresud-sacif-y-a-nasdaq-cresy-byma-cres-leading-argentine-agricultural-company-announces-today-its-results-for-the-first-quarter-of-fy-2021-ended-september-30-2020-301178102.html\">http:\/\/www.prnewswire.com\/news-releases\/cresud-sacif-y-a-nasdaq-cresy-byma-cres-leading-argentine-agricultural-company-announces-today-its-results-for-the-first-quarter-of-fy-2021-ended-september-30-2020-301178102.html<\/a><\/p>\n<p>SOURCE  Cresud S.A.C.I.F. y A.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=MX99514&amp;Transmission_Id=202011200924PR_NEWS_USPR_____MX99514&amp;DateId=20201120\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire BUENOS AIRES, Argentina, Nov. 20, 2020 \/PRNewswire\/ &#8212; HIGHLIGHTS The net result for the first quarter of fiscal year 2021 recorded a gain of ARS 7,526 million compared to ARS 9,492 million in the same period of 2020. The result from continuing operations recorded a gain of ARS 13,922 million mainly due to higher results from changes in the fair value of the investment properties from our subsidiary IRSA. The result of discontinued operations recorded a loss of ARS 6,396 million as a result of the deconsolidation of the investment in Israel since September 30, 2020. Adjusted EBITDA for the reached ARS 5.811 million, 63.5% higher than in the same period of fiscal year 2020. Agribusiness adjusted EBITDA &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/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-2021-ended-september-30-2020\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;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 2021 ended September 30, 2020&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-386039","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>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 2021 ended September 30, 2020 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/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-2021-ended-september-30-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"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 2021 ended September 30, 2020 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire BUENOS AIRES, Argentina, Nov. 20, 2020 \/PRNewswire\/ &#8212; HIGHLIGHTS The net result for the first quarter of fiscal year 2021 recorded a gain of ARS 7,526 million compared to ARS 9,492 million in the same period of 2020. The result from continuing operations recorded a gain of ARS 13,922 million mainly due to higher results from changes in the fair value of the investment properties from our subsidiary IRSA. The result of discontinued operations recorded a loss of ARS 6,396 million as a result of the deconsolidation of the investment in Israel since September 30, 2020. Adjusted EBITDA for the reached ARS 5.811 million, 63.5% higher than in the same period of fiscal year 2020. Agribusiness adjusted EBITDA &hellip; Continue reading &quot;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 2021 ended September 30, 2020&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/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-2021-ended-september-30-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-20T14:28:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=MX99514&amp;sd=2020-11-20\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/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-2021-ended-september-30-2020\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/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-2021-ended-september-30-2020\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Cresud S.A.C.I.F. y A. 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