Lavvi Empreendimentos Imobiliarios Ltda
BOVESPA:LAVV3
Lavvi Empreendimentos Imobiliarios Ltda
Lavvi Empreendimentos Imobiliários SA engages with the development and construction of residential and non-residential real estate properties. The company is headquartered in Sao Paulo, Sao Paulo. The company went IPO on 2020-09-02. The Firm acts in high standard segment, offering apartments with exclusive services. The firm is a joint venture formed between Cyrela and RH Empreendimentos Imobiliarios Ltda.
Lavvi Empreendimentos Imobiliários SA engages with the development and construction of residential and non-residential real estate properties. The company is headquartered in Sao Paulo, Sao Paulo. The company went IPO on 2020-09-02. The Firm acts in high standard segment, offering apartments with exclusive services. The firm is a joint venture formed between Cyrela and RH Empreendimentos Imobiliarios Ltda.
Record Results: Lavvi reported record revenue, gross profit, and net profit for the first 9 months of 2025, with strong inventory sales offsetting a quieter quarter for new launches.
Dividend Payout: The company announced a dividend payout of approximately BRL 125 million (BRL 0.64 per share) for the quarter, and has paid out BRL 879 million since 2021.
Cash Generation: Lavvi generated BRL 3.4 million in cash during the quarter, despite cash burn year-to-date due to investments in land.
Strong Margins: Adjusted gross margin was 37.6% for both the quarter and the first 9 months, up significantly year-on-year.
Capital Raising: Lavvi completed its third CRI issuance, raising BRL 400 million to fund future land acquisitions.
Landbank Expansion: The company’s landbank stands at BRL 6.6 billion, with a focus on high- and mid-end projects in prime locations and ongoing acquisitions via swaps and purchases.
Optimistic Outlook: Management expects strong cash generation next year due to a large pipeline of project deliveries and remains focused on high-income and social housing segments.
