Company invites individual and institutional investors as well as advisors to log-on to VirtualInvestorConferences.com to view presentation
NEW YORK, May 10, 2016 /CNW/ -- MRV Engenharia e Participações S.A. (BM&FBovespa: MRVE3 - ADR OTCQX: MRVNY), today announced that the May 5 presentation from Investor Relations and Financial Planning Director, Ricardo Paixão, and Matheus Torga, Investor Relations Manager, is now available for on-demand viewing at VirtualInvestorConferences.com.
MRV presentation will be available 24/7 for 90 days. Investors and advisors may download shareholder materials from the "virtual trade booth" for the next three weeks.
Recent Company Highlights
- Cash generation of R$ 247 million in the 4Q15 and historical record of cash generation of R$ 806 million in 2015
- In 2015 the ex-equity income EPS reached R$ 1.457, an increase of 32.2% from last year.
- Increase of 1.9 p.p. in gross margin, reaching 30.2%.
- Net Income of R$ 4.8 billion, an increase of 13.8% comparing to 2014.
- Reduction of 13.8 p.p. in the Company's leverage, reaching 10.4% of net debt to shareholder´s Equity.
- Reaffirmation of ratings AA- (br) by Fitch Ratings and brAA- by Standard & Poor's, best rating of the sector.
Learn more about the event at www.VirtualInvestorConferences.com.
The OTCQX Virtual Investor Conference is made possible by a partnership between OTC Markets Group Inc. and VirtualInvestorConferences.com, a cooperative venture of PR Newswire and Better Investing™.
MRV Engenharia e Participações S.A. is the largest Brazilian real estate developer and homebuilder in the lower-income segment, with 36 years of experience, active in 142 cities, in 20 Brazilian states and in the Federal District. 1 out of 250 Brazilians is a MRV client, and the Company has over 300 thousand units launched. The Company has the highest market cap in the segment, of US$ 1.48 billion. MRV is listed on the BM&FBovespa's Novo Mercado under the ticker MRVE3 and is part of the Bovespa index (Ibovespa). The ADRs are traded on OTCQX International Premier of the Over-The-Counter (OTC) Market, with ticker MRVNY.
SOURCE MRV Engenharia e Participacoes S.A.
For further information: MRV Engenharia e Participações S.A., (+55 31) 3615-8153, [email protected]