Even Construtora e Incorporadora SA
BOVESPA:EVEN3

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Even Construtora e Incorporadora SA Logo
Even Construtora e Incorporadora SA
BOVESPA:EVEN3
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Price: 5.66 BRL 1.07%
Market Cap: 1.1B BRL

Even Construtora e Incorporadora SA
Investor Relations

Even Construtora e Incorporadora SA engages in residential property development. The company is headquartered in Sao Paulo, Sao Paulo. The company went IPO on 2007-04-02. The firm focuses on the land identification, appraisal and acquisition; project planning; buildings construction and development, as well as promotion and sale of residential real estate properties. The firm provides services through two brand names: Open, which develops housing projects for low-income families, and Even, which offers residential real estate for middle and high-income families, as well as commercial projects. The company mainly operates in the states of Sao Paulo, Rio de Janeiro and Rio Grande do Sul, Brazil. The firm controls numerous subsidiaries, such as Window Jardins Empreendimentos Imobiliarios SA, City Projects Empreendimentos Ltda, Vida Viva Santa Cruz Empreendimentos Imobiliarios SA, Westeven Empreendimentos Imobiliarios Ltda, and Norteven Empreendimentos Imobiliarios Ltda.

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Earnings Calls

2024 Q3
Nov 12, 2024
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Even's Q3 2024 Shows Strong Growth and Future Confidence
2024 Q3
Nov 12, 2024

In Q3 2024, Even reported impressive growth with net sales reaching BRL 1 billion, reflecting a 47% increase from the prior year. Net revenue rose 38% to BRL 1.7 billion, while gross profit surged 62% to BRL 459 million, resulting in an adjusted gross margin of 30.7%. The company announced a strong cash position of BRL 823 million and paid BRL 230 million in dividends. Looking ahead, Even projects BRL 2 billion in launches for 2025 and 2026 and anticipates continued profitability, buoyed by successful high-end projects like the recent Jardins partnership.

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Management

Mr. Marcio Botana Moraes
CEO & Member of Executive Board
No Bio Available
Mr. Marcelo Dzik
CFO & Investor Relations Officer
No Bio Available
Mr. Marcelo Lenttini De Morais
Operations Director & Member of Executive Board
No Bio Available
Mr. Daniel Matone
People's & Management Director and Member of Executive Board
No Bio Available
Joao Paulo Laffront Dos Santos
Real Estate Development Director & Member of Executive Board
No Bio Available
Mariana Senna
CLO & Governance and Compliance
No Bio Available
Tiago Krall
Strategic Plan and IR Director
No Bio Available

Contacts

Address
SAO PAULO
Sao Paulo
Rua Hungria,1400, 2 andar, Jardim America
Contacts
+551133773699
www.even.com.br