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Cyrela Brazil Realty SA Empreendimentos e Participacoes (CYRE3.SA)

CYRE3.SA on Sao Paulo Stock Exchange

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Fri, Dec 1 2017

Fitch Affirms Cyrela's IDR at 'BB-'; Outlook Stable

(The following statement was released by the rating agency) RIO DE JANEIRO, December 01 (Fitch) Fitch Ratings has affirmed Cyrela Brazil Realty S.A. Empreendimentos e Participacoes' (Cyrela) Foreign and Local Currency Issuer Default Ratings (IDR) at 'BB-'. At the same time, Fitch has affirmed the long-term national scale at 'A+(bra)'. The Rating Outlook for Cyrela's corporate ratings is Stable. Cyrela's ratings reflect the company's strong business position and conservative financial strategy, s

Brazil homebuilder Cyrela posts Q3 loss as expected

SAO PAULO, Nov 9 Brazilian homebuilder Cyrela Brazil Realty SA on Thursday reported a third-quarter net loss of 6.8 million reais ($2.1 million), down from net income of 14.4 million reais in the same period of 2016, according to a securities filing.

Brazil homebuilder Cyrela posts larger-than-expected net loss

SAO PAULO, Aug 10 Brazilian homebuilder Cyrela Brazil Realty SA on Thursday reported a net loss of 141 million reais ($44 million) in the second quarter, compared with net income of 45 million reais a year earlier, according to a securities filing.

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