Direcional Engenharia (DIRR3) Riva | RIZA presentation summary

Track record and operational highlights

• Riva launched 60 projects with a total VGV of approximately R$7 billion and holds a landbank valued at R$12.8 billion, representing 34,000 units.

• Gross sales reached R$2.1 billion in the last twelve months ending 3Q24, with net equity of R$660 million and dividends payable of R$150 million.

• Net income for the last twelve months ending 3Q24 was R$247 million.

Geographic and market positioning

• Operations are geographically diversified, reducing dependence on highly competitive markets.

• Focus on metropolitan regions with favorable market conditions and synergy between Direcional and Riva landbanks.

Strategic and client segmentation

• Riva targets middle-income clients with higher payment flows during construction, while Direcional serves a broader income range.

• Riva's average ticket is R$380,000 with 70% of payments made during construction, compared to Direcional's R$250,000 and 96% repasse na planta.