EZTEC - Investor Relations Mobile

Notice to the Market - EZTEC announces Preliminary 2Q18 Operating Results


EZTEC acquires residential project in Parque da Cidade
The project is already approved and contributes with a PSV of R$500 million

São Paulo, July 12th, 2018 - EZTEC SA (BOVESPA: EZTC3; Bloomberg: EZTC3: BZ), announces its preliminary operating results for the second quarter of 2018 (2Q18). Note that the results presented here are managerial results and are subject to revision following the external audit. The complete and audited results for 2Q18 are scheduled to be disclosed on August 13th, 2018, after market closure.

Sales and Cancellations

From the operational standpoint, EZTEC presented in the 2Q18 net sales that were inferior to those from the previous quarter, at R$ 79.7 million. This operational performance can be decomposed into R$ 134.5 million gross sales, marked by a 31% contraction relative to the first quarter, impacted by the lack of launches; and R$ 54.8 million in cancellations, with a 25% drop relative to 1Q18, due to the distancing from the 2017 delivery cycle.

A better understanding of this performance must be informed by the fact that the truck drivers’ strike decelerated sensibly the consumer transit in sale stands. The quarter’s highlight includes the Cidade Maia megaproject, which reported 58 units sold in the quarter, returning to a state of positive net sales.

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Contact IR

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