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0 0 0 0.00684931506849321 -0.006849315068493 0.00482876712328777 0.0125570776255709 -0.0136986301369862
Stock impact report

IRSA Inversiones y Representaciones S.A. announces its Results for the third quarter of the FY 2019 ended March 31, 2019.

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, May 13, 2019 /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 2019 ended March 31, 2019.HIGHLIGHTSNet result for the 9 month period of fiscal year 2019 registered a loss of ARS 9,065 million, 186.6% lower than the gain registered in the same period of 2018, mainly explained by lower results from changes in the fair value of investment properties and higher financial losses as a result of the exchange depreciation in Argentina Business Center Adjusted EBITDA for the nine-month period of FY 2019 was ARS 13,380 million (ARS 3,995 million from Argentina Business Center and ARS 9,835 million from Israel Business Center), increasing by 6.9% with respect to the same period of FY 2018. Adjusted EBITDA of Argentina rental segment grew by 7.1% compared to the same period of previous fiscal year, mainly driven by the office a Show less Read more
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