Cyrela Brazil Realty SA Empreend e Part (BSP:CYRE3)
R$ 19.11 -0.16 (-0.83%) Market Cap: 7.16 Bil Enterprise Value: 9.53 Bil PE Ratio: 6.85 PB Ratio: 0.90 GF Score: 87/100

Q1 2020 Cyrela Brazil Realty SA Empreendimentos e Participacoes Earnings Call Transcript

May 15, 2020 / 03:00PM GMT
Release Date Price: R$12.65 (-7.19%)
Operator

Good morning, ladies and gentlemen. Welcome to Cyrela Brazil Realty Conference Call where we'll be discussing the first quarter 2020 earnings results. (Operator Instructions) As a reminder, this conference is being recorded and the audio will be available on the company's website, www.cyrela.com.br/ri.

This call has been simultaneously translated into English and is being broadcast over the Internet. Questions can be asked by participants connected abroad. The earnings release published yesterday, the 14th of May, after the close of B3 trading session can also be accessed in the company's website. Before proceeding, we would like to mention that the forward-looking statements that may be made during this conference call relating to the company's business prospects, forecasts and operating targets related to its financial growth potential are predictors based on the management's expectations about the future of Cyrela. These expectations are highly dependent on the domestic market conditions, the general economic performance of

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