Construtora Tenda S.A. reported audited consolidated and parent earnings results for the second quarter and six months ended June 30, 2018. For the quarter, on parent basis the company reported net operating revenue was BRL 58,476,000, operating income before finance income was BRL 49,834,000, income before income tax and social contribution was BRL 51,022,000, profit attributable to owners of the company was BRL 51,584,000 or 0.89394 reais per diluted share against net revenue was BRL 46,070,000, operating income before finance income was BRL 21,673,000, income before income tax and social contribution was BRL 20,807,000, profit attributable to owners of the company was BRL 20,807,000 or 0.36026 reais per diluted share a year ago.

For the six months, on parent basis the company reported net revenue was BRL 127,506,000, operating income before finance income was BRL 84,957,000, income before income tax and social contribution was BRL 87,855,000, profit attributable to owners of the company was BRL 87,855,000 or 1.52251 reais per diluted share against net revenue was BRL 136,239,000, operating income before finance income was BRL 42,433,000, net income before taxes on income was BRL 39,747,000, profit attributable to owners of the company was BRL 39,747,000 or 0.68819 reais per diluted share a year ago. Net cash provided by operating activities was BRL 134,524,000. Purchase of tangible and intangible assets was BRL 10,451,000.

For the quarter, on consolidated basis the company reported net revenue was BRL 399,074,000, operating income before finance income was BRL 54,817,000, income before income tax and social contribution was BRL 58,266,000, profit attributable to owners of the company was BRL 51,584,000 or 0.89394 reais per diluted share against net revenue was BRL 314,636,000, operating income before finance income was BRL 21,646,000, income before income tax and social contribution was BRL 23,380,000, profit attributable to owners of the company was BRL 20,807,000 or 0.36026 reais per diluted share a year ago. Adjusted EBITDA was BRL 58 million against 30.7 a year ago. Net debt was BRL 273.0 million against BRL 173.6 million a year ago. ROE was 13.6% against 7.6% a year ago.

For the six months, on consolidated basis the company reported net revenue was BRL 765,147,000, operating income before finance income was BRL 94,650,000, income before income tax and social contribution was BRL 101,268,000, profit attributable to owners of the company was BRL 87,855,000 or 1.52251 reais per diluted share against net revenue was BRL 639,323,000, operating income before finance income was BRL 45,679,000, income before income tax and social contribution was BRL 45,750,000, profit attributable to owners of the company was BRL 39,747,000 or 0.68819 reais per diluted share a year ago. Net cash provided by operating activities was BRL 130,390,000. Purchase of tangible and intangible assets was BRL 11,358,000. Adjusted EBITDA was BRL 116.3 million against 62.4 a year ago. Net debt was BRL 273.0 million against BRL 173.6 million a year ago. ROE was 13.6% against 7.6% a year ago.

For the second quarter 2018, the company reported impairment was BRL 2.0 million.

For 2018, for adjusted gross margin, the company projected a range between 34% and 36%. For the company's net pre-sales, project a range of BRL 1,650 million and BRL 1,850 million.