Urbi Desarrollos Urbanos SAB de CV Provides Revenue Guidance for the Third Quarter of Fiscal 2012
October 05, 2012
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Urbi Desarrollos Urbanos SAB de CV provided revenue guidance for the third quarter of fiscal 2012. For the period, the company estimated revenue between MXN 3.0 and MXN 3.3 billion, in line with the goal of delivering revenue between MXN 3.0 and MXN 4.0 billion per quarter over the next six quarters.
Urbi Desarrollos Urbanos SAB de CV is a Mexico-based company primarily engaged in the homebuilding sector. The Company's activities are divided into three business lines: Real estate development, Real estate construction and Plots. The Real estate development line is responsible for the design, construction and sale of own residential buildings, which aim at low, middle, and high-income families. The Real estate construction line comprises management and construction of residential projects for third parties. The Plots line focuses on the acquisition, subdivision and sale of land. The Company develops housing projects under a range of brand names, including UrbiVilla, UrbiQuinta, UrbiHacienda and UrbiClub. The Company operates through numerous subsidiaries, such as Ingenieria y Obras SA de CV, Obras y Desarrollos Urbi SA de CV and Cyd Desarrollos Urbanos SA de CV.
URBI, DESARROLLOS URBANOS, S.A.B. DE C.V. 
