Rossi announces preliminary operating results
Rossi launched R$ 4.2 billion in 2011 reaching the guidance for the 3rd year in a row..
Contracted Sales grew by 13% totaling R$ 3.5 billion in 2011.
São Paulo, January 17, 2012 – Rossi (BM&FBovespa: RSID3; OTC: RSRZY), one of Brazil’s leading residential real estate developers, announces preliminary data for launches and contracted sales in the fourth quarter and 2011.
4Q11 Highlights
- Launches of R$ 1.2 billion (Rossi´s share), up 12% from 4Q10.
- Contracted Sales¹ of R$ 914 million (Rossi’s share), up 1% from 4Q10.
- Sales-over-supply ratio (SoS) of 23%.
2011 Highlights
- Launches of R$ 4.2 billion (Rossi’s share), up 26% from 2010, reaching the guidance for the year.
- Contracted Sales¹ of R$ 3.5 billion (Rossi’s share), up 13% from 2010.
1 Net Sales (net of cancellations).
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