Tecnisa SA (BSP:TCSA3)
R$ 1.8 +0.040 (+2.27%) Market Cap: 132.51 Mil Enterprise Value: 585.63 Mil PE Ratio: 0 PB Ratio: 0.35 GF Score: 55/100

Q3 2024 Tecnisa SA Earnings Call (English, Portuguese) Transcript

Nov 13, 2024 / 05:00 PM GMT
Release Date Price: R$1.4 (+1.45%)

Key Points

Positve
  • Tecnisa SA (BSP:TCSA3) resumed its launches, achieving 1.6 billion reals in the first nine months of the year.
  • The company has five building projects underway, indicating strong ongoing development activity.
  • Gross sales increased compared to the third quarter of last year, reflecting effective commercial and marketing strategies.
  • Tecnisa SA (BSP:TCSA3) generated 86 million reals in cash over the first nine months of the year.
  • The company's backlog gross profit stands at 190 million reals, showing potential for future profitability.
Negative
  • Tecnisa SA (BSP:TCSA3) reported negative earnings, influenced by past events and debt interest rates.
  • The speed of sales decreased slightly due to the timing of the Flamboyant project launch.
  • The company faced legal challenges with the Beata project, leading to a temporary halt in sales.
  • Net revenue decreased in the third quarter compared to the second quarter, partly due to sales adjustments.
  • Tecnisa SA (BSP:TCSA3) reported a net loss of 43 million reals in the third quarter.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

TCSA3.SA - Tecnisa SA
Q3 2024 Tecnisa SA Earnings Call (English, Portuguese)
Nov 13, 2024 / 05:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon and welcome to Techne's third quarter of 2024 earnings. All we have Mr Fernando Perez, Chief Executive Officer and and Sohi AA CFO Relations Officer of the company. I'm Leonardo Fulla executive manager.

So we will start and then the recordings will be made available and then we will have the presentation by the executives of our earnings. So I'll turn it over to Mr Fernando Perez. Good afternoon, everyone. Thank you very much for coming. We will show you our earnings in the third quarter and some additional information.

Okay.

Let's now move on to the slides just a minute.

I apologize. We're having a slight technical problem.

Okay. Very good.

So I'll be
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