Brazil · Delayed Price · Currency is BRL Cury Construtora e Incorporadora Earnings Call Transcripts
Fiscal Year 2026
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Record Q2 2026 results with net revenue up 25.5% year-over-year and strong cash generation. Gross margin remained stable, while launches and land bank reached historic highs. Dividend distribution continues as a priority, with proactive management of macroeconomic and regulatory risks.
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Record Q1 2026 results with net revenue up 32.6% year-over-year and net income up 50.3%. Strong cash generation, robust margins, and a record land bank support continued growth, while management remains vigilant on inflation, costs, and market risks.
Fiscal Year 2025
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2025 saw record growth in revenue, net income, and operational scale, with strong cash generation and a record BRL 1.4 billion dividend. Margins remain robust, and the company is well-positioned for 2026 despite regulatory and labor challenges.
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Q3 2025 saw record launches, sales, and net income, with strong margins and robust cash generation. Dividend payouts were substantial, and the company maintained a high-quality land bank while navigating regulatory and market changes.
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Q2 2025 delivered record net revenue and income, with ROE at 70.1% and strong cash generation. Bracket 4 of Minha Casa, Minha Vida boosted sales, while robust launches and a solid land bank support future growth. Dividend policy and capital allocation remain disciplined.
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Record Q1 2025 results with net revenue up 45% and net profit up 52% year-over-year, driven by strong sales, high margins, and expanded coverage under Minha Casa Minha Vida. ROE reached 67.5%, and the outlook remains robust with disciplined cost control and new launches.
Fiscal Year 2024
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Record financial and operational results in 2024, with net income up 41% and ROE at 66.3%. Strong land bank and cash generation support robust dividends and future growth, while maintaining gross margins despite inflationary pressures.
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Q3 2024 saw robust revenue and profit growth, driven by strong sales, high demand, and successful new project launches in São Paulo and Rio de Janeiro. Margins improved, cash generation remained solid, and the company maintained a high ROE and dividend payout.
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Q2 2024 saw record sales, strong revenue and margin growth, and robust cash generation, driven by successful launches and high demand. Land bank reached a record BRL 17.6 billion, supporting future growth, while operational efficiency and a strong balance sheet underpin a positive outlook.