Preliminary 1Q13 Results: Launches of R$286 million, sales of R$418 million and sales-over-supply ratio of 18%

Launches of R$286 million, sales of R$418 million and sales-over-supply ratio of 18% in 1Q13

Period site acquisitions with a PSV of R$992 million

São Paulo, April 15, 2013 - Even Construtora e Incorporadora S.A. - EVEN (BM&FBovespa: EVEN3), a builder and developer with operations in the states of São Paulo, Rio de Janeiro, Rio Grande do Sul and Minas Gerais, with a focus on residential developments with units priced up to R$500,000, announces preliminary and unaudited data for its launches, sales, land acquisitions and projects delivered in the first quarter of 2013 (1Q13).

R$ million (% Even)

1Q131

Launches (PSV)

286

Contracted Sales

418

Sales-over-supply ratio (SOS)

18%

Launches¹
Four projects were launched in 1Q13, totaling R$286 million (Even’s share), distributed across the states of São Paulo and Rio Grande do Sul.

Sales¹
Contracted sales totaled R$418 million in the quarter (Even’s share), R$165 million (39%) of which from projects launched in the period and the remaining R$253 million (61%) from units in inventory.
The period sales-over-supply ratio (VSO) was 18%.

Landbank¹
In 1Q13, we acquired new sites, with combined PSV of R$992 million (Even’s share).

Projects Delivered¹
In 1Q13, we delivered 2 projects (623 units) with launch PSV of R$112 million (Even’s share).

¹Anaudited managerial figures, which may be subject to change.

To access the file in PDF, click here.

For further information, please contact our IR area:

Dany Muszkat
CFO and IRO

Ariel Mizrahi
Investor Relations Manager

Marcelo Pereira de Paula
Investor Relations Intern

IR Contact:
Phone: +55 11 3377-3777
Fax: +55 11 3377-3780
E-mail: ri@even.com.br
www.even.com.br/ir