MRV Announces 3-Digit Growth Rate in Launches and Sales in 1Q08
11 April 2008 - 11:17AM
PR Newswire (US)
BELO HORIZONTE, Brazil, April 10 /PRNewswire-FirstCall/ -- MRV
Engenharia e Participacoes S.A. (Bovespa: MRVE3), largest Brazilian
real estate developer and homebuilder in the low-income segment,
releases its launches and contracted sales in 1Q08. Launches (%MRV)
in 1Q08 reached R$691.5 million (100% - R$751.9 million), a 223.1%
growth when compared to the same quarter of 2007 and 34.8% higher
than 4Q07. Contracted Sales (%MRV) totaled R$340.1 million in 1Q08
(100% - R$361.3 million), an increase of 161.2% when compared to
1Q07 and 36.2% higher than 4Q07. For further information contact
MRV's Investor Relations Team: DATASOURCE: MRV Engenharia e
Participacoes S.A. CONTACT: Investor Relations, +55-31-3348-7171,
Web site: http://www.mrv.com.br/ri
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