BUENOS AIRES, Argentina, September 2, 2025 /PRNewswire/ -- IRSA Inversiones y Representaciones S.A. (NYSE: IRS; BYMA: IRSA), the leading real estate company in Argentina, announces today its results for the Fiscal Year 2025 ended June 30, 2025.
HIGHLIGHTS
-- Net income for fiscal year 2025 amounted to ARS 196,118 million, compared
to a loss of ARS 32,141 million in the previous year.
-- Revenues increased by 2.3% during fiscal year 2025 compared to 2024, and
Rental Adjusted EBITDA reached ARS 234,697 million: ARS 210,741 million
from Shopping Malls, ARS 15,584 million from Offices, and ARS 8,372
million from Hotels, decreasing 2% compared to fiscal year 2024.
-- Revenues and Adjusted EBITDA of Shopping Malls' Segment grew 8% and 10%,
respectively in FY 2025 compared to the previous year, while portfolio
occupancy remained close to 98%. Tenant sales, after a first half marked
by weak consumption, strongly recovered in the second half of the year,
closing the fiscal year with a slight decline of 2.8%.
-- During the year, we acquired Terrazas de Mayo shopping center and an
adjoining property to Alto Avellaneda with future expansion potential. In
addition, we started construction of a new open-air shopping mall in La
Plata, one of the most populous cities in the country, which until now
had no large-scale mall.
-- In Offices, the sector showed a greater return to on-site work, boosting
demand for premium spaces. Our Class A+ and A buildings reached almost
full occupancy. We completed a new sale at the 261 Della Paolera building,
reducing the portfolio to 58,000 sqm of GLA.
-- During the year, we started infrastructure works and progressed in the
commercialization of Stage I of our flagship project: Ramblas del Plata.
We signed 13 transactions (2 cash sales and 11 swap agreements), totaling
approximately 111,000 saleable sqm for an estimated value of USD 81
million.
-- In financial matters, we returned to the international capital markets
after nearly a decade with the issuance of Series XXIV Notes for USD 300
million, 10 years term.
Financial Highlights
(In millions of Argentine Pesos)
FY 2025
Income Statement 06/30/2025 06/30/2024
Revenues 468,526 458,059
Consolidated Gross Profit 284,790 305,755
Net result from changes in the fair value of
investment properties (2,500) (488,794)
Consolidated Result from Operations 172,615 (265,867)
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Result for the Period 196,118 (32,141)
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Attributable to:
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IRSA's Shareholders 195,182 (25,621)
Non-Controlling interest 936 (6,520)
EPS (Basic) 261.29 (34.53)
EPS (Diluted) 238.90 (34.53)
Balance Sheet 06/30/2025 06/30/2024
Current Assets 562,836 317,494
Non-Current Assets 2,799,233 2,807,977
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Total Assets 3,362,069 3,125,471
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Current Liabilities 338,831 383,285
Non-Current Liabilities 1,351,271 1,135,457
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Total Liabilities 1,690,102 1,518,742
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Non-Controlling Interest 94,163 102,883
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Shareholders' Equity 1,671,967 1,606,729
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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 FY 2025 Results Conference Call on Thursday, September 4, 2025, at 12:00 PM US Eastern Time / 01:00 PM BA Time.
To access the Webinar:
https://zoom.us/webinar/register/WN_iMD2hGUESA-A5JwtGmBevQ
Webinar ID: 927 0140 4250
Password: 770361
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
US: +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
ir@irsa.com.ar
https://www.irsa.com.ar/en/investors/
Follow us on X @irsair
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SOURCE IRSA Inversiones y Representaciones S.A.
(END) Dow Jones Newswires
September 02, 2025 20:48 ET (00:48 GMT)