Plano & Plano Desenvolvimento Imobiliario LtdaBMFBOVESPA: PLPL3

Plano & Plano Desenvolvimento Imobiliário S.A.: Launches and net sales surged, but net income and margins declined as leverage increased

· Issued by Plano & Plano Desenvolvimento Imobiliario Ltda

Launches and net sales posted double-digit growth year-over-year, with net revenue up 21.4% and a record in private market revenue. Net income and margins declined, while leverage increased as net debt rose during the quarter.

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