CRESY Stock - Cresud ADR

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Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria operates as a diversified agricultural company with a significant presence in Brazil and other Latin American nations. Founded in 1936 and based in Buenos Aires, Argentina, the company engages in the production of agricultural commodities across expansive farmlands. It operates through two primary segments: Agricultural Business and Business Urban Properties and Investments.

In its Agricultural Business segment, Cresud manages the cultivation and sale of a wide range of crops including soybean, sugarcane, wheat, corn, oilseeds, sunflower, sorghum, and peanuts. Additionally, the company breeds, purchases, and fattens cattle for distribution to slaughterhouses and supermarkets, supporting both local and international markets with its agricultural outputs.

Cresud's diversification extends beyond agriculture into urban property management, encompassing the development, ownership, and management of a portfolio that includes 15 shopping malls, 6 office buildings, and 3 hotels. This strategic expansion into real estate complements its core agricultural operations and enhances its revenue streams through property rentals and commercial leasing.

Furthermore, Cresud leases its extensive farmland to third parties for agricultural purposes, including crop cultivation, cattle breeding, and seed production. The company also offers comprehensive agricultural services to support the efficient management and operation of its farmlands, demonstrating its commitment to sustainable agricultural practices and economic growth in the regions it serves.

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