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Finished products: 5% of inventory, one of the lowest levels in the industry
Inventory of MHML units: 22% of total: down 11 p.p. from 2Q14
Transfer of clients to Banks: R$179MM, up 37% from 2Q14
Landbank: R$1.4 billion in PSV added during 3Q14
Financial Flexibility: Net debt/Equity ratio of 16.2%
Net Margin: 12.4% versus 8.2% in 3Q13
Click here to access the Earnings Release