Eztec stock: launches jump as third-quarter sales stay flat

Brazilian developer Eztec increased project launches in the third quarter, while sales remained broadly stable. El Fondo reported on October 9 that the company launched three developments with a potential sales value of BRL 726.5 million, up 52.9 percent from the third quarter of 2025.

Launch volume outpaces sales

Net sales reached BRL 522.7 million, down 0.6 percent from a year earlier and 9.5 percent below the second quarter. Two projects were launched on September 29 and September 30, leaving initial sales rates of 16 percent and 8 percent at the end of the period.

The sales speed indicator fell 3.5 percentage points year over year to 12.9 percent, although the 12-month figure rose to 41.2 percent. Cancellations represented 9.7 percent of net sales, compared with 10.5 percent a year earlier.

Inventory remains a key focus

Eztec ended September with inventory valued at BRL 3.5 billion, 31.5 percent above the prior-year level. Finished units accounted for 31 percent of inventory, down from 33.3 percent in the third quarter of 2025. For the first nine months, launches rose to BRL 2.42 billion and cumulative net sales reached BRL 1.8 billion.

Results due after market close

Eztec's investor-relations calendar lists the third-quarter earnings release for November 5, after the market closes. The results conference call is scheduled for November 6 at 10 a.m. Brasilia time, with simultaneous English translation.