Q2 2024 Helbor Empreendimentos SA Earnings Call Transcript
Key Points
- Helbor Empreendimentos SA (BSP:HBOR3) achieved consolidated sales of BRL532,087 million in Q2 2024, marking the best sales semester since the cancellation crisis.
- The company launched four projects in Q2 2024, representing a total net PSV of BRL267 million.
- Helbor Empreendimentos SA (BSP:HBOR3) delivered three projects in Q2 2024, with an average sales rate of 84% in São Paulo and 57% in Mogi das Cruzes.
- Year-to-date revenue reached BRL618 million with a gross margin of 32.4%.
- The company has a diverse land bank with a potential of BRL10.8 million or BRL7 billion in available shares, primarily in premium neighborhoods of São Paulo.
- The leverage index increased to 71.2%, indicating higher financial risk.
- Net profit for the parent company was BRL15.5 million, representing only 0.12 in earnings per share.
- General and administrative expenses increased, impacting net margins.
- Total debt for Q2 2024 was slightly higher by BRL4 million compared to the previous quarter.
- The backlog revenue and margin declined, with the backlog margin reducing from 26.8% in Q1 to 25.4% in Q2 2024.
Good afternoon, ladies and gentlemen, and thank you very much for waiting and welcome to Helbor's conference to discuss the results of the second Q24. We inform all participants that this broadcast is being recorded and simultaneously translated.
We emphasize that for those who need simultaneous translation, this tool is available in the globe with the icon interpretation located at the bottom center of the screen upon selecting it, please choose your preferred language, either Portuguese or English.
For those listening to the conference in English, there is an option to mute the original Portuguese audio by clicking on mute original audio. We also inform that the participants will see in here the webcast during the company's presentation, after which we'll begin the Q&A session. If you wish to ask a question or if you need any assistance, we encourage you to send your inquiries via Q&A located at the bottom of your screen.
Before we proceed, we would like to clarify that any statements made during this webcast regarding the company's business outlook, operation and
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
