MRV Announces 3-Digit Growth Rate in Launches and Sales in 1Q08

Thu Apr 10, 2008 9:17pm EDT
 
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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:
SOURCE  MRV Engenharia e Participacoes S.A.

Investor Relations, +55-31-3348-7171, ri@mrv.com.br

 

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