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IRSA Inversiones y Representaciones S.A announces its results for the third quarter of Fiscal Year 2025 ended March 31, 2025

1. IRSA posted a profit of ARS 35,063 million in FY2025. 2. Tenant sales rose 13.4% in Q3 FY2025, with 98.1% occupancy. 3. The Hotels segment saw lower revenues due to peso appreciation. 4. IRSA issued USD 300 million in Notes to finance projects. 5. The company's market cap reached approximately USD 977 million.

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$14.1505/06 06:56 PM EDTEvent Start
$14.405/08 01:36 AM EDTLatest Updated
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FAQ

Why Bullish?

The significant profit turnaround and sales increase suggests positive market sentiment. Historical recoveries in real estate often yield strong stock performance, as seen in past rebounds post-recession.

How important is it?

The company's financial recovery signals potential for sustained profitability, attracting investor interest. Strong earnings typically build investor confidence, influencing future stock performance.

Why Short Term?

Immediate investor reactions likely due to positive earnings release. Short-term effects are generally more pronounced in earnings announcements than long-term structural changes.

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, /PRNewswire/ -- IRSA Inversiones y Representaciones S.A. (NYSE: IRS; BYMA: IRSA), the leading real estate company in Argentina, announces today its results for the third quarter of the Fiscal Year 2025 ended March 31, 2025. HIGHLIGHTS The net result for the nine-month period of fiscal year 2025 recorded a profit of ARS 35,063 million compared to a loss of ARS 174,216 million in the same period of the previous year. The shopping malls continued their recovery process and observed very good results in the third quarter of fiscal year 2025. Tenant sales grew by 13.4% compared to the same quarter in 2024, and portfolio occupancy increased to 98.1%. The segment's adjusted EBITDA reached ARS 147,914 million in the nine-month period, 9.7% higher than the same period in 2024. We maintained full occupancy of our premium office portfolio in the third quarter of FY25. The Hotels segment recorded lower revenues and occupancy in a context of greater appreciation of the Argentine peso against the dollar. During the quarter and thereafter, we signed sale and exchange agreements for eleven lots of the Ramblas del Plata project, with an estimated sellable area of 95,000 sqm for USD 66.1 million. During the quarter, we issued the Series XXIV Notes in the international market for USD 300 million, maturing in 2035. The funds will be used to cancel existing liabilities and finance investment projects. Financial Highlights (In millions of Argentine Pesos) 9M FY 2025 Income Statement 03/31/2025 03/31/2024 Revenues 336,028 333,013 Consolidated Gross Profit 205,352 225,202 Net result from changes in the fair value of investment properties (141,903) (601,653) Consolidated Result from Operations (5,458) (430,212) Result for the Period 35,063 (174,216) Attributable to: IRSA's Shareholders 33,417 (163,611) Non-Controlling interest 1,646 (10,605) EPS (Basic) 45.10 (219.61) EPS (Diluted) 39.45 (219.61) Balance Sheet 03/31/2025 06/30/2024 Current Assets 556,717 299,487 Non-Current Assets 2,502,063 2,648,718 Total Assets 3,058,780 2,948,205 Current Liabilities 386,604 361,541 Non-Current Liabilities 1,246,434 1,071,061 Total Liabilities 1,633,038 1,432,602 Non-Controlling Interest 89,918 97,045 Shareholders' Equity 1,425,742 1,515,603 The Company's market capitalization as of March 31, 2025, was approximately USD 977 million. (75,769,996 GDS with a price per GDS of USD 12.90). IRSA Inversiones y Representaciones S.A. (NYSE: IRS, BYMA: IRSA), the Argentina's largest, most well-diversified real estate company, cordially invites you to participate in its IIIQ FY 2025 Results Conference Call on Wednesday, May 7, 2025, at 11:00 AM US Eastern Time / 12:00 PM BA Time. To access the Webinar: https://zoom.us/webinar/register/WN_39X4CQ9QS260Oym25aXaHg Webinar ID: 932 6260 4326 Password: 622331 In addition, you can participate communicating to this numbers: Argentina: +54 112 040 0447 or +54 115 983 6950 or +54 341 512 2188 or +54 343 414 5986 Israel: +972 3 978 6688 or +972 2 376 4509 or +972 2 376 4510 Brazil: +55 11 4632 2237 or +55 11 4680 6788 or +55 11 4700 9668 or +55 21 3958 7888 or +55 11 4632 2236 United States of America: +1 564 217 2000 or +1 646 931 3860 or +1 669 444 9171 or +1 669 900 6833 or +1 689 278 1000 Chile:  +56 22 573 9305 or +56 23 210 9066 or +56 232 938 848 or +56 41 256 0288 or +56 22 573 9304 Investor Relations Department. + 5411 4323-7449 [email protected] https://www.irsa.com.ar/home-inversores.php?lng=en Follow us on X @irsair SOURCE IRSA Inversiones y Representaciones S.A. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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