Gafisa S.A. Reports Consolidated and Company Sales Results for the Fourth Quarter and Year Ended December 31, 2013
For the full year 2013, launches totaled BRL 2.9 billion, a decrease of 2.2% compared to 2012. The volume launched is within the annual guidance range of BRL 2.7 to BRL 3.3 billion. Sales from launches represented 60% of the total, while sales from inventory comprised the remaining 40%.
Fourth-quarter 2013, on consolidated pre-sales totaled BRL 1.3 billion, an increase of 206.0% compared to third quarter of 2013, and 45.0% versus fourth quarter of 2012.
On consolidated basis, Sales from launches represented 60% of the total, while sales from inventory comprised the remaining 40%.