Q2 2024 MRV Engenharia e Participacoes SA Earnings Call (English, Portuguese) Transcript

Aug 13, 2024 / 01:00PM GMT
Operator

Ladies and gentlemen, good morning. Thank you for holding, and welcome to MRV's second quarter of 2024 results conference call for analysts and investors. Today with us, we have the CEOs of the company, Mr. Rafael Menin and Mr. Eduardo Fischer; and the Chief Financial and IR Officer, Mr. Ricardo Paixão. (Operator Instructions) Now I would like to turn the floor over to Mr. Rafael Menin. Mr. Menin, you may proceed.

Rafael Nazareth Menin Teixeira de Souza - MRV Engenharia e Participacoes SA - Co-Chief Executive Officer, Member of the Executive Board

Good morning, everyone. Thank you for attending another earnings conference call of MRV.

I would go through the subsidiaries. Starting with MRV Incorporação Brasil, MRV Real Estate Development Company. Now going through the main KPIs of MRV, we already operate better than we used to before COVID pandemic. We had a record-high quarter with a record presales, with cancellations almost close to zero, gross margins better than the before COVID period, exceptional gross margins, contribution to SG&A also

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