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Cury Construtora e Incorporadora SA
BOVESPA:CURY3

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Cury Construtora e Incorporadora SA Logo
Cury Construtora e Incorporadora SA
BOVESPA:CURY3
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Price: 41.67 BRL 0.85% Market Closed
Market Cap: R$12.8B

Cury Construtora e Incorporadora SA
Investor Relations

Cury Construtora e Incorporadora SA operates in the real estate industry. The company is headquartered in Sao Paulo, Sao Paulo. The company went IPO on 2020-09-21. The Firm is engaged in the development, construction and sale of residential buildings in the metropolitan regions of the states of Sao Paulo and Rio de Janeiro. The Firm develops apartments in the low- income housing sector, mainly for the Brazilian public housing program <Minha Casa, Minha Vida> (MCMV). The firm operates through a number of subsidiaries, such as CCISA08 Consultoria Imobiliaria Ltda (Cury Vendas) and CCISA15 Instaladora Ltda (Cury Install), among others.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 12, 2025
AI Summary
Q3 2025

Record Quarter: Cury delivered record net revenue of BRL 1.4 billion, a gross margin of 40%, and net income of BRL 283.2 million in Q3 2025.

Strong Growth: Net sales reached BRL 1.8 billion, up 27.1% year-over-year, though down 19.2% from Q2.

Operational Excellence: The company achieved its 26th consecutive quarter of positive cash generation and operational cash generation of BRL 233.1 million.

Dividend Payout: BRL 200 million in dividends paid this quarter, BRL 529 million year-to-date, ahead of schedule due to anticipated tax changes.

Healthy Margins: Gross margin rose to 40%, with management signaling plans to keep it stable at this level going forward.

Market Recognition: Cury marked its 5-year IPO anniversary and was included in the Ibovespa Index, reflecting strong market standing.

Key Financials
Net Revenue
BRL 1.4 billion
Net Revenue (9M 2025)
BRL 3.9 billion
Gross Margin
40%
Net Income Attributable to Cury
BRL 255.3 million
Net Income (Total)
BRL 283.2 million
Net Income (9M 2025)
BRL 700.5 million
Net Income (Total, 9M 2025)
BRL 784 million
Net Margin
20%
ROE
70.6%
Operational Cash Generation
BRL 233.1 million
Dividends Paid (Q3 2025)
BRL 200 million
Dividends Paid (YTD 2025)
BRL 529 million
Launches
BRL 2 billion
Net Sales
BRL 1.8 billion
Units Built
4,980 units
Land Bank
BRL 23.3 billion (79,193 units)
Average Selling Price Per Unit (Q3 2025)
BRL 299,700
Average Selling Price Per Unit (9M 2025)
BRL 306,800
Gross Debt
BRL 1.3 billion
Cash and Equivalents
BRL 1.8 billion
Net Cash
BRL 450.2 million
Net Cash to Equity Ratio
27.4%
Sales Over Supply Ratio (SOS)
40.6%
Other Earnings Calls

Management

Mr. Ronaldo Cury de Capua
Chairman and Director of Institutional and Investor Relations & Real Estate Credit
No Bio Available
Mr. Fabio Elias Cury
CEO, New Business Director & VP of the Board
No Bio Available
Mr. Joao Carlos Mazzuco
Chief Financial Officer
No Bio Available
Ms. Sabrina Goncalves Ribeiro
Chief Operating Officer
No Bio Available

Contacts

Address
SAO PAULO
Sao Paulo
Rua Funchal, 411 - 1 andar Vila Olimpia
Contacts
+551131171300
cury.net