IRSA Inversiones y Representaciones S.A announces its results for the first quarter of Fiscal Year 2025 ended September 30, 2024
IRSA Inversiones Y Representaciones S.A. Global Depositary Shares (Each representing ten shares of) (IRS)
US:NYSE Investor Relations:
irsa.com.ar
Company Research
Source: PR Newswire
BUENOS AIRES, Argentina, Nov. 6, 2024 /PRNewswire/ -- IRSA Inversiones y Representaciones S.A. (NYSE: IRS; BYMA: IRSA), the leading real estate company in Argentina, announces today its results for the first quarter of the Fiscal Year 2025 ended September 30, 2024.HIGHLIGHTSThe net result for the first quarter of fiscal year 2025 recorded a loss of ARS 109,135 million compared to a gain of ARS 250,538 million in the same period of the previous year, mainly due to the loss recorded due to changes in the fair value of investment properties. This is an accounting effect that does not involve cash movements.Real tenant sales in Shopping Centers recovered slightly compared to previous quarters, although they fell 12.1% compared to the first quarter of fiscal year 2024. The adjusted EBITDA of the segment reached ARS 41,116 million, in line with the same quarter of the previous year.The average occupancy of the premium office portfolio rose to 97.9% in the quarter mainly due to the improveme
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Sec Filings
- 12/13/24 - Form 6-K
- 12/6/24 - Form 6-K
- 12/3/24 - Form 6-K
- IRS's page on the SEC website