Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) Q2 2023 Earnings Call Transcript

Yes for sure this is what will happens.

Santiago Donato: I don’t see more questions. I’ll give one minute more for any additional questions. You can use chat to raise your hand. Yes, we will post a replay today afternoon in the website. So I’m going to be able to see it again. There is a question, if we’re going to read it — start again with the repurchase yes, we have started some — yesterday with daily buybacks, as we have done and before we’ve been doing. So with this we conclude the presentation and the Q&A session. Thank you very much for participation. I will turn back now to Alejandro Elsztain, CEO for his closing remarks.

Alejandro Elsztain: I would like to finish, we are in the first half of the year. We talk about the grades coming in the second semester, in this case expecting the real estate much, more happy, in a few moment, and very deleveraged. And this €“ now, there are much better results, operational results in IRSA too, the rental property too. So in the case of services through feel, it’s really a big engine for Cresud too and we are seeing big results and accepting the expansion of field Brazil, that will give us more and more EBITDA for the company too. So optimistic on the second semester. Thank you very much, and have a very good day.