Helbor Empreendimentos S.A. Announces 3Q12 and 9M12 Results
SAO PAULO, Nov. 13, 2012 /PRNewswire/ --
Highlights
Total Potential Sales Value (PSV) Launched in 3Q12 of
R$276.3 million, or R$214.5 million considering Helbor's interest,
which represents a decrease of 3.5% from 3Q11. In the first nine
months of 2012, total PSV Launched considering Helbor's interest
was R$683.2 million, down 12.8% from
9M11.
Total Pre-Sales in 3Q12 of R$321.7
million, with Helbor's interest R$238.5 million, decreasing 7.7% from 3Q11. In
9M12, total sales were R$1,005.0
million with Helbor's interest R$770.3 million, increasing 0.3% compared to
9M11. Sales over Supply (SoS), considering Helbor's interest,
reached 21.7% in the quarter and 50.0% in the first nine months of
the year.
Net Operating Revenue grew by 33.5%, from R$293.3 million in 3Q11 to R$391.7 million in 3Q12. In 9M12, Net Revenue
increased 27.7% to R$1,065.7
million.
Gross Profit was R$136.2 million
in 3Q12, up 53.4% from 3Q11, with Gross Margin of 34.8% (Adjusted
Gross Margin of 37.8%). In 9M12, gross profit was R$354.5 million (up 37.3% from 9M11), with Gross
Margin of 33.3%, or 240 bps higher than in 9M11.
EBITDA was R$99.6 million in 3Q12,
for substantial growth of 91.6% on 3Q11 and 21.1% higher than in
2Q12, with EBITDA Margin of 25.4% (Adjusted EBITDA Margin of
28.1%). In 9M12, EBITDA grew by 38.9% to R$246.8 million, with EBITDA Margin of 23.2%
(Adjusted EBITDA Margin of 27.8%).
Net Income was R$81.7 million
(earnings per share of R$0.4180) in
3Q12, increasing 69.6% from 3Q11, with Net Margin of 20.8%. In
9M12, net income was R$204.2 million,
increasing 30.0% from 9M11, with Net Margin of 19.2%.
ROE in the last 12 months was 27.6%, increasing 220 bps from
2Q12. Quarterly annualized ROE stood at 32.2%. With these results,
the Company remains a reference in the industry in terms of
profitability.
RESULTS CONFERENCE CALL
(In Portuguese with simultaneous translation into
English)
Date: November 14, 2012
Time: 3:00 p.m. (Brasília
time)
12:00 p.m. (US-EST)
Portuguese
Tel: +55 (11) 3127-4971
Access code: Helbor
Webcast: click here
Replay: +55 (11) 3127-4999
Access code: 71173808
English
Tel: +1 (516) 300-1066
Access code: Helbor
Webcast: click here
Replay: +55 (11) 3127-4999
Access code: 21030035
Contacts
Ricardo Garcia
ri@helbor.com.br
(11) 3174-1211
http://ri.helbor.com.br/
SOURCE Helbor Empreendimentos S.A.