EZTEC - Investor Relations Mobile

Notice to the Market - EZTEC announces Preliminary 3Q14 Operating Results


With Stakes Acquisition, EZTEC launches over R$1 billion in 2014
Sales reached R$689 million in the first nine months of the year

São Paulo, October 10th, 2014 - EZTEC SA (BOVESPA: EZTC3; Bloomberg: EZTC3: BZ), announces its preliminary operating results for the third quarter 2014 (3Q14). Note that the results presented here are managerial results and are subject to revision following the external audit. The complete and audited results for the 3Q14 are scheduled to be disclosed on November 10th, 2014, after market closure.

Stake Acquisition:
EZTEC reports that it has, on October 1st, 2014, acquired an additional 30% stake in the enterprise EZLI Empreendimento Imobiliário Ltda, reaching 100% stake, becoming fully controlled by EZTEC. E.Z.L.I. holds the Cidade Maia project, launched by the Company in phases between December 2013 and March 2014. Therefore, the Company adds, to the volume launched volume in 2014, R$284.4 million related to the 30% of the project original PSV.It is also important to notice that an additional R$154.0 million has been included in Contracted Sales, referring to 30% of what had been sold of the project until 3Q14 and that had not yet been reported by the Company. The acquisition cost of this stake was approximately 20% of the additional PSV.

EZTEC launched, in the third quarter of 2014, the Le Premier Flat Campos do Jordão project, a winter station city in the countryside of São Paulo. The residential project has 108 high-end units, with EZTEC PSV of R$119.4 million, is 82% sold on this date. Considering the launches of the 1H14, the Company launched R$614.4 million in EZTEC PSV in the first nine months of 2014. Adding the 30% of the Cidade Maia project, acquired in October, the volume released in 2014 reached R$898.8 million.

Sales, in the third quarter, totaled R$198.0 million, noting that R$111.4 million corresponded to units launched in previous quarters. Adding to the volume sold in the first half of the year, EZTEC accumulated R$534.9 million in the first nine months of 2014. When considering 100% of the Sales of the Cidade Maia project, sales volume, in the 9M14, rises to R$689.0 million.

As announced on October 13th, 2014, EZTEC launched the Prime House Parque Bussocaba project. Located in Osasco, in the São Paulo Metropolitan Area, the project has 568 middle-end units, for an EZTEC PSV of R$119.8 million. Managerial data indicate that the project has 31% of its units sold to date. Considering the PSV previously released, and including the stake acquisition of the project Cidade Maia project, EZTEC reaches R$1.018 billion in launches in 2014.

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Contact IR

Telephone: +55 11 5056 8313
E-mail: ri@eztec.com.br