Gafisa S.A. reported unaudited consolidated sales results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported total pre-sales BRL 673,293,000 compared to BRL 682,905,000 a year ago. For the full year, the company reported total pre-sales were BRL 2,263,336,000 compared to BRL 2,085,257,000 a year ago.