Overview
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Description
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Sponsored ADR represents an indirect investment in the Argentine company Cresud S.A.C.I.F.Y.A., offering international investors access to its operations through American Depositary Receipts. Primarily focused on agricultural activities, Cresud engages in the production of basic crops such as wheat, corn, and soybeans, as well as cattle raising. It plays a critical role in South America's agribusiness sector, leveraging vast land holdings in Argentina and other countries like Brazil, Paraguay, and Bolivia. The company's portfolio is diversified across agriculture, real estate, and financial sectors, bringing versatility and resilience to its business model.
In the financial markets, Cresud is significant for its role in connecting international investors with the dynamic, agriculturally rich regions of South America. Operating in cyclical industries heavily influenced by global commodity prices and climate conditions, the company provides exposure to both the potential growth opportunities and inherent risks of emerging markets' agribusiness. Through the sponsored ADRs, investors can engage in these opportunities within the framework of the U.S. securities market, ensuring greater liquidity and compliance with U.S. trading regulations.
About
CEO
Mr. Alejandro Gustavo Elsztain
Employees
2760
Address
Carlos M. Della Paolera 261
9th Floor
Buenos Aires, C1001ADA
9th Floor
Buenos Aires, C1001ADA
Phone
54 11 4814 7800
Website
Instrument type
American depositary receipt
Sector
Industrials
Industry
Conglomerates
Country
Germany
MIC code
XSTU