The net contracted sales of Cyrela (CYRE3) totaled R$ 1.622 billion in the first quarter of 2022. The value is 4% higher than that recorded in the same period last year and 24% higher than the accumulated from January to March this year, according to the operational previews released this Wednesday, 13 , by the construction company.
From April to June 2022, Cyrela launched 13 projects, totaling one General Sales Volume (PSV) of BRL 2.326 billion, up 21% compared to BRL 1.929 billion recorded in the same quarter of 2021 and 124% above the first quarter of 2022 (BRL 1.038 billion).
Of the net sales made between April and June, R$68 million refer to the sale of finished inventory (4%), R$809 million to the sale of inventory under construction (50%) and R$745 million to the sale of new launches (46 %).
As a result, Cyrela reached a sales velocity (VSO) of launches of 32% in the second quarter of 2022.
Operating data resulted in a 12-month Sales over Offer (VSO) indicator of 43.2%, below the 12-month VSO presented in the same quarter of the previous year (55.4%) and higher than the VSO presented in the first quarter of 2022 (46.1%).
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I am an author at Global happenings and I mostly cover automobile news. In my time working in the automotive industry, I have developed a keen interest in the latest developments and trends. My writing skills have also allowed me to share my knowledge with others through articles and blog posts.