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MRVE3 Mrv Engenharia Participacoes Sa

6.13
-0.12 (-1.92%)
Last Updated: 17:14:21
Delayed by 15 minutes
Share Name Share Symbol Market Type
Mrv Engenharia Participacoes Sa BOV:MRVE3 Bovespa Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.12 -1.92% 6.13 6.12 6.13 6.26 6.02 6.24 7,822,100 17:14:21

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

11/04/2008 2:17am

PR Newswire (US)


MRV ON (BOV:MRVE3)
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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: DATASOURCE: MRV Engenharia e Participacoes S.A. CONTACT: Investor Relations, +55-31-3348-7171, Web site: http://www.mrv.com.br/ri

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