Even exceeds its 2011 launch guidance and reaches R$2.1 billion, with a sales-over-supply ratio (SOS) of 27% in 4Q11 Even acquired land with a PSV of R$294 million in 4Q11, giving a total of R$2.2 billion in 2011

São Paulo, January 09, 2012 - Even Construtora e Incorporadora S.A. - EVEN (BM&FBovespa: EVEN3), a builder and developer with operations in the states of São Paulo, Minas Gerais, Rio de Janeiro and Rio Grande do Sul and with a focus on residential developments with units priced up to R$500,000, announces its preliminary and unaudited launch, sales, land acquisition and deliveries figures for the fourth quarter (4Q11) and full year of 2011.

R$ million (% Even)

1Q11

2Q11

3Q11

4Q11¹

2011¹

Launches (PSV)

278

643

448

701

2,070

Contracted Sales

370

405

370

477

1,622

Sales-over-supply ratio (VSO)

33%

29%

25%

27%

Launches¹

Twelve projects were launched in the fourth quarter, in São Paulo, Rio de Janeiro and Rio Grande do Sul, totaling R$701 million. In 2011 as a whole, Even launched 34 projects totaling R$2.07 billion.

Contracted Sales¹

Contracted sales came to R$477 million in the fourth quarter, R$226 million of which (47%) from projects launched in the period and the remainder, R$251 million (53%) from units in inventory, giving an annual total of R$1.62 billion. The sales-over-supply ratio (SOS) was

27% in the quarter.

Landbank¹

Seven new sites were acquired in 4Q11, with a PSV of R$294 million (Even's share). In 2011 as a whole, acquisitions amounted to R$2.2 billion in PSV.

Deliveries¹

In the fourth quarter of 2011, 3 projects were delivered, totaling R$314 million of launched PSV (Even's share) and 667 units. In 2011, the Company delivered 20 projects with a launched PSV (Even's share) of R$1.3 billion and 2,896 units.

¹ unaudited managerial figures, which may be subject to change Page 1 of 1
distribué par

Ce noodl a été diffusé par Even Construtora e Incorporadora SA et initialement mise en ligne sur le site http://www.even.com.br. La version originale est disponible ici.

Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-09 23:12:09 PM et restera accessible depuis ce lien permanent.

Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité.

Documents associés
Even exceeds its 2011 launch guidance, with a sales-over-supply ratio (SOS) of 27% in 4Q11