Cury Construtora e Incorporadora Earnings Call Transcripts
Fiscal Year 2025
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Record financial and operational results in 2025, with strong revenue, net income, and cash generation. High margins and robust land bank support continued growth, while regulatory and labor risks are being actively managed.
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Q3 2025 saw record launches, sales, and net income, with strong margins and cash generation. Dividend payouts remained robust, and the company maintained a healthy land bank and operational discipline. Outlook is stable, with focus on margin preservation and selective growth.
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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 strong revenue and profit growth, robust sales, and record land bank expansion, with high demand in São Paulo and Rio. Margins improved, cash generation remained solid, and the outlook is positive, supported by government programs and disciplined execution.
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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.