Bloomberg News

Helbor Third Quarter Sales Fall 45% to 245 Million Reais

By Fabiola Moura
October 21, 2011

Oct. 21 (Bloomberg) -- Helbor Empreendimentos S.A. contracted sales fell 45 percent to 245 million reais in the third quarter, when compared to the same period last year, the company said in a regulatory filing with its preliminary results.

The Brazilian homebuilder new projects fell 48 percent to 220.9 million reais in the period, said the statement.

To contact the reporter on this story: Fabiola Moura in New York at fdemoura@bloomberg.net

To contact the editor responsible for this story: Jose Sergio Osse at josse1@bloomberg.net

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