São Paulo, April 12th of 2024 - TRISUL S.A. ("Trisul" or "Company") (B3: TRIS3), in compliance with CVM Resolution No. 44, of August 23, 2021 ("CVM Resolution 44"), as well as in compliance with the terms of the Novo Mercado Regulation ("NM Regulation"), informs its shareholders and the market the Company's operational preview for the 1Q24. We emphasize that the information disclosed is preliminary, unaudited, and subject to review.
Highlights
Gross Sales % Trisul totaled R$ 328.0 million in the 1Q24, an increase of 10.4% compared to the same quarter of the previous year.
Net Sales % Trisul totaled R$ 306.7 million, an increase of 11.0% compared to the same quarter of the previous year.
Quarterly VSO (in units) registered 15.8%.
Landbank at the end of March totaled R$ 4.6 billion.
¹ Net Sales of Commissions and Cancellations, including partner sales.
1Q24
SoS (Sales over Supply)
Units
Trisul's PSV (R$
thousand)
Inventory of Units as of 01/01/2024
2,934
2,122,332
(+) Launching in 1Q24
0
0
Total Units for Sale in 1Q24 (a)
2,934
2,122,332
(-) Units Sold in 1Q24 (b)
0,465
306,763
Total Units for Sale as of 04/01/2024 (1)
2,469
1,815,569
SoS (b) / (a)
15,8%
14,5%
The inventory includes the adjustment in accordance with IFRS, excluding projects managed by partners.
Launches
Operational Performance (R$ million)
1Q24
1Q23
Y/Y(%)
4Q23
Q/Q (%)
Projects Launched
Potential Sales Volume - PSV (100%)
0
172,319
-100%
420,260
-100%
Potential Sales Volume - PSV (% Trisul)
0
94,775
-100%
420,260
-100%
Number of Projects
0
1
-100%
2
-100%
Units Launched
0
53
-100%
961
-100%
Landbank
On March 31, 2024, the Company's landbank totaled R$ 4,6 billion in PSV, considering both on- balance and off-balance lots.
It is important to mention that, once a lot reaches the minimum area for the viability of a project Trisul has the practice of initiating payments. On- balance lots are lands that are already included in the Company's balance sheet. Off-balance lots are not included in the Company's balance sheet, as they are still in the prospecting phase, that is, payment has not yet started.
Landbank Trisul
(PSV in R$ Billion)
4,6
4,6
1,3
1,3
3,3
3,3
4Q23
1Q24
Landbank (On Balance)
Landbank (Off Balance)
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Disclaimer
Trisul SA published this content on
12 April 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
12 April 2024 21:28:50 UTC.
Trisul SA is a Brazil-based company involved in the real estate sector. It was founded as a result of a merger between two companies: Incosul Incorporacao e Construcao Ltda and Tricury Construcoes e Participacoes Ltda. Together with its subsidiaries, the Company is principally engaged in the construction, purchase, sale and lease of residential buildings, as well as in the acquisition and subdivision of land. It mainly operates in the Brazilian state of Sao Paulo. The Company develops its operations in such cities as Sao Paulo, Santos, Guarulhos and Ribeirao Preto, among others. Trisul Life and Trisul Lar, the main products developed by the Company, consist of residential units ranging in size from 45 to 65 square meters. As of December 31, 2011, Trisul SA had a number of subsidiaries, including Tricury Construcoes e Participacoes Ltda, Incosul Incorporacao e Construcao Ltda and Ribeirao VIII Empreendimentos Imobiliarios Ltda, among others.
TRISUL S.A. 
