Brazilian Homebuilder's Profit Hits Record
5 Articles
5 Articles
MRV&Co, a group that brings together the business MRV, Resia, Urba and Luggo, reported in the third quarter a profit attributed to the controllers of R$ 152.7 million, growth of 75.5% over the same period of 2025. The result was pulled by the operation of MRV, incorporated in the popular segment, which brought profit of R$ 242.3 million in the quarter, before R$ 154.4 million in 2025. The lottery Urba contributed R$ 1.4 million, fell on R$ 18.7 …
Resources from the sale of assets in the U.S. will be used to reduce leverage, says Ricardo Paixão, to Bloomberg Line; executive says the effect of the Box strike on transfers, which reduced cash generation in the quarter, was surpassed in October
Net revenue also exceeded previous results with a discharge of 28.7%, to R$ 3.4 billion
Group generated R$ 427 million in cash and gross margin hit higher level in seven years; sale of subsidiary assets contributes to debt reduction
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