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São Paulo, May 08, 2014: Rodobens Negócios Imobiliários S.A. (BM&FBovespa: RDNI3, Bloomberg : RDNI3 BZ) announces its first quarter results (1Q14).
Stillo Sales: Up 94% on 1Q13
Inventory management: finished products account for only 5% of inventories
Higher operating efficiency: G&A expenses down R$6MM from 4Q13
Adjusted Net Margin* of over 12% in the quarter
Financial Flexibility: Net Debt/Equity ratio of 14.3%
Positive cash generation for 8 straight quarters**: R$28MM in 1Q14
Click here to access the Earnings Release
*Excluding the nonrecurring impact from the termination of a partnership in the South Region
**Excluding the distribution of dividends