Rossi reports all-time record launches, contracted sales and sales-over-supply ratio (SOS) in 4Q10
Annual launches exceed the mid-point of the Company’s guidance, reaching R$ 3.4 billion (Rossi’s share), 50% in the low income segment
São Paulo, January 17, 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 fourth quarter of 2010 and full year of 2010. The figures are subject to audit revision.
4Q10 Highlights
Total launches of R$ 1.6 billion (R$ 1.1 billion Rossi’s share), up 53% from 4Q09
Total contracted sales of R$ 1.2 billion (R$ 906 million Rossi’s share,) up 40% from 4Q09
Sales-over-supply ratio (SOS) of 28%: 8th consecutive quarter of improvement
2010 Highlights
Total launches of R$ 4.8 billion (R$ 3.3 billion Rossi’s share), up 74% from 2009
Total contracted sales of R$ 4.0 billion (R$ 3.1 billion Rossi’s share), up 71% from 2009
Low income segment represented 50% of PSV launched (Rossi’s share)
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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) 3759-8596
ri@rossiresidencial.com.br
