Contracted Sales reached all time record at R$ 917 million in the quarter.
Launches totaled R$ 3.0 billion in 9M11, a 33% increase y-o-y.
Company already reached 68% of 2011 midpoint guidance.
São Paulo, October 18, 2011 – 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 third quarter and nine months of 2011.3Q11 Highlights.
3Q11 Highlights
- Launches of R$ 1.0 billion (Rossi´s share), up 9% from 3Q10.
- Contracted Sales¹ of R$ 917 million (Rossi’s share), up 14% from 3Q10.
- Sales-over-supply ratio (SoS) of 25%.
9M11 Highlights
- Launches of R$ 3.0 billion (Rossi’s share), up 33% from 9M10.
- Contracted Sales¹ of R$ 2.6 billion (Rossi’s share), up 18% from 9M10.
1 Net Sales (net of cancellations).
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For more information, go to www.rossiresidencial.com.br/ir
Investor Relations:
Cássio Audi
CFO and IRO
Adriana Godinho
IR Manager
Phone: +55 (11) 4058-2685
ri@rossiresidencial.com.br
