Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (CRES)
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Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (CRES) FAQ
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Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria Profile
| Industrial Conglomerates Industry | Industrials Sector | Alejandro Gustavo Elsztain CEO | BCBA Exchange | ARP331091024 ISIN |
| AR Country | 2,760 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria, is a multifaceted agricultural entity that partakes in the development and production of a broad range of agricultural commodities mainly in Brazil and other Latin American nations. Founded in 1936 with its headquarters in Buenos Aires, Argentina, the company's operations are segmented into Agricultural Business, and Business Urban Properties and Investments. Cresud's business model extends beyond traditional agriculture, branching into the real estate sector, managing and owning shopping malls, office buildings, and hotels. This diversification allows Cresud to capitalize on various market opportunities, strengthening its position in the agricultural and real estate markets.
Products and Services
- Agricultural Commodities
The core of Cresud's operations lies in the production and sale of a wide variety of crops including soybean, sugarcane, wheat, corn, oilseed, sunflower, sorghum, and peanuts. The company employs advanced agricultural practices to ensure high-quality outputs.
- Grain Derivatives
Expanding its product range, Cresud also engages in the production and sale of grain derivatives such as flour and oil, leveraging its crop production capabilities to produce higher value-added products.
- Livestock Farming
Cresud is involved in the breeding, purchasing, and fattening of cattle for sale to slaughterhouses and supermarkets. This segment of the business complements its agricultural offerings, diversifying its income sources.
- Real Estate Development
A significant portion of Cresud's operations is also dedicated to the management, development, and ownership of various urban properties. This includes shopping malls, office buildings, and hotels, enabling the company to capitalize on the real estate market.
- Leasing and Agricultural Services
The company leases parts of its vast land holdings to third parties for various agricultural activities, including but not limited to farming, cattle breeding, and seed production. Additionally, Cresud offers a range of agricultural services, demonstrating its commitment to supporting the broader agricultural sector.
