Shareholders and Investors

07/09/2020

Tue, 16/06/2020 - 12:00

Inside Information

1Q 2020 Results Presentation

Good start of the year in terms of deliveries and sales cut short since early March due to Covid-19. Relevant impact during the state of alert declaration: Semi-standstill in sales; Delays in administrative approvals (work licences and FOPs); Significant drop in formalization of deliveries. Cost reductions (Temporary lay-offs, Directors compensation, operational expenses).

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06/16/2020

News

The projects in the delivery or construction phase total 2,149 homes. The pre-sales portfolio is 1,640 homes

Start of a relevant number of home units delivered (1Q 2020 best quarter in deeds of the last years).
Sales coverage of 80% in developments with construction; progress > 75% (974 home units).
COVID-19: Relevant impact on the economy and on real estate. Work in Progress for impact appraisal and measures to take.
Quabit's good positioning against potential changes on the demand.
Competitive advantage thanks to internalization of construction activity.

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