Helbor Empreendimentos S.A. Announces Its 1Q13 Results

Launches reach R$ 277 million, a 70% increase over 1Q12

May 14, 2013, 21:49 ET from Helbor Empreendimentos S.A.

SAO PAULO, May 14, 2013 /PRNewswire/ --

Total Potential Sales Value (PSV) Launched in 1Q13 reached R$318.1 million, with Helbor's share totaling a PSV of R$277.0 million. This value represents an 87.7% increase over 1Q12. (BM&FBOVESPA: HBOR3)

Total Pre-Sales summed R$282.1 million in 1Q13, of which Helbor's share was R$236.1 million. The Sales over Supply (SoS), considering Helbor's share, reached 15.2% in the quarter.

Net Operating Revenue remained virtually stable, totaling R$378.4 million in 1Q13, versus R$375.3 million in 1Q12.

Gross Profit amounted to R$125.5 million in 1Q13, 7.0% down from 1Q12, with a Gross Margin of 33.2% and Adjusted Gross Margin of 37.3%.

EBITDA totaled R$90.6 million in 1Q13, down 4.0% from 1Q12, with an EBITDA Margin of 23.9% (Adjusted EBITDA Margin of 27.8%).

Net Income totaled R$52.2 million in 1Q13 (earnings per share of R$0.2026), 0.7% up on 1Q12, with a Net Margin of 13.8% (Adjusted Net Margin of 11.4%).

ROE in the last 12 months stood at 27.2%, while quarterly annualized ROE came to 19.5%. As a result, the Company retained its position as a sector benchmark for profitability for yet another quarter.

Conference Call

(In Portuguese with simultaneous translation into English)

Date: May 15, 2013
Time: 3:00 p.m. (Brasilia Time)
           2:00 p.m. (US - EST)

Phone: +55 (11) 3127-4971
Code: Helbor
Webcast: Click here
Replay: +55 (11) 3127-4999
Code: 85269273

Phone: +1 (516) 300-1066
Code: Helbor
Webcast: Click here
Replay: +55 (11) 3127-4999
Code: 26916552

Ricardo Garcia
+55 (11) 3174-1211
Mogi das Cruzes

SOURCE Helbor Empreendimentos S.A.