Press Release: IRSA Inversiones y Representaciones S.A announces its results for the third quarter of Fiscal Year 2026 ended March 31, 2026

Dow Jones07:22

BUENOS AIRES, Argentina, May 6, 2026 /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 2026 ended March 31, 2026.

HIGHLIGHTS

   -- Net income for the first nine months of 2026 amounted to ARS 239,741 
      million, compared to ARS 46,497 million in the same period of the 
      previous year, while Adjusted EBITDA from rental segments reached ARS 
      232,327 million in the first nine months of 2026, increasing 4.6% 
      year-over-year, with solid performance across all three segments: 
      shopping malls, offices, and hotels. 
 
   -- In the Shopping Malls segment, revenues and Adjusted EBITDA increased by 
      2.4% and 2.0%, respectively, during the first nine months of fiscal year 
      2026, driven by higher base rent and other fixed components. 
 
   -- We maintained 100% occupancy in our premium office portfolio during the 
      third quarter, while the Hotels segment continued to show a recovery in 
      revenue and EBITDA levels. 
 
   -- During the quarter, we launched a new 15,350 sqm GLA office building at 
      Polo Dot (northern area of the City of Buenos Aires), which will expand 
      and integrate the Zetta building, with Mercado Libre as the main tenant. 
      We also continued advancing the construction of the Distrito Diagonal 
      shopping mall in La Plata and the Del Plata building in downtown Buenos 
      Aires. 
 
   -- During the quarter, we executed swap agreements for two new lots at 
      Ramblas del Plata for USD 11.3 million and continued advancing 
      infrastructure works at the plot, while awaiting project definition and 
      the start of construction of the first buildings, expected in the next 
      fiscal year. 

Financial Highlights

(In millions of Argentine Pesos)

9M FY 2026

 
Income Statement                                        03/31/2026  03/31/2025 
Revenues                                                   464,366     445,596 
Consolidated Gross Profit                                  290,319     272,310 
Net result from changes in the fair value of 
 investment properties                                      30,231   (188,173) 
Consolidated Result from Operations                        238,531     (7,238) 
------------------------------------------------------  ----------  ---------- 
Result for the Period                                      239,741      46,497 
------------------------------------------------------  ----------  ---------- 
 
Attributable to: 
------------------------------------------------------ 
IRSA's Shareholders                                        227,537      44,314 
Non-Controlling interest                                    12,204       2,183 
 
EPS (Basic)                                                 297.05       59.80 
EPS (Diluted)                                               283.71       54.31 
 
Balance Sheet                                           03/31/2026  06/30/2025 
Current Assets                                             715,873     704,028 
Non-Current Assets                                       3,592,389   3,501,443 
------------------------------------------------------  ----------  ---------- 
Total Assets                                             4,308,262   4,205,471 
------------------------------------------------------  ----------  ---------- 
Current Liabilities                                        445,808     423,827 
Non-Current Liabilities                                  1,824,205   1,690,248 
------------------------------------------------------  ----------  ---------- 
Total Liabilities                                        2,270,013   2,114,075 
------------------------------------------------------  ----------  ---------- 
Non-Controlling Interest                                   115,884     117,786 
------------------------------------------------------  ----------  ---------- 
Shareholders' Equity                                     2,038,249   2,091,396 
------------------------------------------------------  ----------  ---------- 
 

The Company's market capitalization as of March 31, 2026, was approximately USD 1,314 million. (81,079,712 GDS with a price per GDS of USD 16.21).

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 2026 Results Conference Call on Thursday, May 7, 2026, at 4:30 PM US Eastern Time / 5:30 PM BA Time.

To access the Webinar:

https://us02web.zoom.us/webinar/register/WN_QLGhMBwxTJKfznXzvPKrqg

Webinar ID: 820 9524 3817

Password: 611121

In addition, you can participate communicating to this numbers:

Argentina: +54 112 040 0447, +54 115 983 6950, +54 341 512 2188, +54 343 414 5986

Israel: +972 3 978 6688, +972 2 376 4509, +972 2 376 4510

Brazil: +55 11 4632 2237, +55 11 4680 6788, +55 11 4700 9668, +55 21 3958 7888, +55 11 4632 2236

United States of America: +1 564 217 2000, +1 646 931 3860, +1 669 444 9171, +1 669 900 6833, +1 689 278 1000

Chile: +56 22 573 9305, +56 23 210 9066, +56 232 938 848, +56 41 256 0288, +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

May 06, 2026 19:22 ET (23:22 GMT)

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