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São Paulo, May 10, 2013: Rodobens Negócios Imobiliários S.A. (BM&FBovespa: RDNI3, Bloomberg RDNI3:BZ),announces its results for the 1st quarter of 2013.
Best sales performance in the last 7 quarters: R$188 million of RNI PSV
Record transfer of client balance to banks: R$171 million in the quarter
Growth of margins: gross margin of 33.0%, 5.35 p.p. up on 1Q12
Greater financial flexibility: net debt-to-equity ratio of 27.3% (versus 74.1% in 1Q12)
Strong cash generation: R$67 million in 1Q13
Higher operational efficiency: general and administrative expenses declined by 25% on 1Q12
Click here to access the Earnings Release