IRSA Inversiones y Representaciones SA (IRS) (Q4 2026) Earnings Call Highlights: Record
IRSA Inversiones y Representaciones SA (IRS) reported Q4 2026 earnings with mixed results. Tenant sales in shopping malls fell 8.6% due to Argentina's challenging consumption environment. EBITDA margins slightly decreased, and Banco Hipotecario, in which IRS holds a 29% stake, faced increased NPLs. The company expects $150M in CapEx for 2027, potentially increasing net debt. IRS may consider a new share repurchase program and maintains a flexible dividend policy, with $390M in cash. Management d





