EZTEC - Investor Relations Mobile

Notice to the Market - EZTEC announces Preliminary 4Q15 Operating Results

EZTEC keep focusing on inventory and sells R$412 MN in 2015
Company also acquired ownership in the Chácara Cantareira project

São Paulo, January 22nd, 2016 - EZTEC SA (BOVESPA: EZTC3; Bloomberg: EZTC3: BZ), announces its preliminary operating results for the fourth quarter 2015 (4Q15). 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 4Q15 are scheduled to be disclosed on March 22nd, 2016, after market closure.

Following the premise of keeping the focus on the units in stock, the Company has not launched new products in the fourth quarter of 2015.

However, for being financially solid and always be able to capture opportunities that add more profitability to the operation, the Company acquired 50% stake in the project Chácara Cantareira, making a 100% share in the project. Launched in the third quarter of 2012, with total PSV launched of R$153 million, Chácara Cantareira had 82% of its units sold on the acquisition, completed on October 1st, 2015.

Thus, considering the extra revenue to be recognized of the units sold, as well as the inventory to be sold, the Company added a PSV of R$28.8 million in the volume launched in 2015, ending the year with R$226 million in launches.

EZTEC, as well as in 3Q15, direct its efforts to sell units in inventory. In this sense, sales campaigns such as EZ 50%, held in early December, have been successful, being able to give liquidity to the units derived from projects delivered by the Company in recent years. Analyzing the contracted sales of R$67.8 million, net of cancellations, obtained in the 4Q15, it is noteworthy that 80% of this volume corresponds to finished projects, which will contribute significantly to generating revenue and profit for the year, with no significant impact on the margins of Company.

Considering the impact of the transaction on sales already made and revenue still to be recognized, there was an addition of R$13.5 million to the net sales volume of 2015. Thus, EZTEC closed 2015 with R$412.4 million in net sales contracted.

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Contact IR

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