Blog URBI RI

Urbi moves forward to 2x1

2011-05-23T09:43:00.000-05:00

May 24th, 2011

I am proud to share with you that we are now delivering subsidies through the 2x1 program in the cities where we operate.

Aside from the satisfaction that comes from changing the lives of lower-income families by turning them into homeowners, we can see the multiplying effect this program has, which during 2011 will have more than MX$900 millions in funds.

As you may recall, state and municipal governments match every $1 peso given by the Federal Government with $2 pesos; aside from driving the housing market, these resources have an economic impact that benefits the communities where governments are bringing in their support and channeling additional resources.

The first homes have been delivered to more than 300 families in Tijuana and Mexicali, and very soon new homeowners will be signing for their homes in Sonora, Sinaloa and Aguascalientes. Plus, we are considering adding Guanajuato next.

Let's keep moving forward with the 2x1!

Eneyda Alvarez, mother and a factory worker in Tijuana, signed her 2x1 and made her dream come true with Urbi.

More families signing for their homes with their 2x1…and we're going for more!

We appreciate your comments at blog.cfo@urbi.com

Let's talk

Selene Ávalos
Urbis CFO

In addition to attracting new business and talent, Housing Projects in Progress are in so many ways a catalyst for opportunities at Urbi!

2011-05-18T09:51:00.001-05:00

May 18th, 2011

With the start of Housing Projects in Progress (HPP), in the last few months we've seen the dynamics of its integration create an explosion of business opportunities, working as a catalyst for our value chain.

To mention an example, let me tell you what has happened in the western central region. Because of the geographical proximity between Nuevo Vallarta and Guadalajara's metropolitan area, natural interaction between the project leaders of each business unit led them to identify differences in production costs. This interaction generates an exchange of best practices

We visualize some of the benefits of this strategy as three separate items:

1. Urbi's ability to attract clients as a company well-known for its trajectory and reputation as well as for it's unique business model that integrates talent and projects.

2. The ability of Operating Partners to bring proposals or new projects to the table. These allies have worked as small housing promoters, and with the restrictions imposed by the economic environment, they are now generating a great amount of project and business plans with an added value.

3. HPP's INTEGRATION STRATEGY attracts RESOURCES. It is a very attractive line of business, and its dynamism and speed have led providers, subcontractors, banks and financing institution to identify it as a value scheme.

	a. Vendors and subcontractors (supplies) let us know they have the capacity to supply materials or build homes and make themselves available as vendors or subcontractors under conditions that work for the project.
	b. Technology and echo technology vendors. After meeting with our allies in the construction systems sector, we began putting together a pipeline to explore pilot projects to speed up housing production or improve our UrbiNova system for three-level vertical housing.
	c. Financial resources. The recovery cycle for these housing projects is so quick; they are very attractive to bring in resources. Bankers and financial institutions themselves much rather get involved in a project where there is a small promoter they already know; and once Urbi gets added to the mix, they know everything will run smoothly.

We've expanded our WIN-WIN-WIN network!
We realize that with this strategy we are expanding our network, where our Clients Win, our Allies Win and Urbi Wins.

We put forward a strategy, the strategy attracts resources, our allies provide the projects, and we become highly attractive to clients.

We will keep you updated on the progress made with this strategy.

We appreciate your comments at blog.cfo@urbi.com

Let´s talk

Selene Ávalos
Urbis CFO

About the inventory days for 2011…

2011-05-06T15:21:00.000-05:00

May 6th , 2011

In regards to the question about inventory days 2011e made during Urbi’s 1Q11 results conference call, let me mention that Urbi expects between 720 to 745 days.

Please let us know if you have additional questions. We will welcome your comments and look forward to hearing from you again.

Keep in touch

Selene Avalos
Urbi’s CFO

Welcome to Urbi’s Blog with the CFO…let’s initiate a dialogue…

2011-05-05T18:01:00.000-05:00

May 5th, 2011

As I mentioned during 1Q11 results conference call, given that Urbi is just starting its new strategic plan for the next 5 years, and understanding the investment’s community need for additional details and updates on the evolution of our business plan; we have decided to open a new channel of communication with you, the CFO Blog, where we will post regular updates about Urbi and the Industry, and provide you with additional details on the evolution of our annual goals.

Welcome! Let’s talk!
Selene Avalos
Urbi’s CFO

Quarterly Earnings Report 1Q11

2011-05-03T12:41:00.000-05:00

May 2nd 2011

Urbi 1Q2011: Progress on business plan with growth, margins and cash flow generation

Mexicali B.C., May 2nd 2011.- Urbi Desarrollos Urbanos, SAB de CV, announced its 1Q11 earnings results in line with its strategy of profitable growth with cash flow generation.

The company reported in 1Q11:
Revenues of MX$2,832.8 million, 17.1% growth versus 1Q10.
- 87% from the housing development business line and
- 13% from the housing related activities business line
EBITDA of MX$757.8 million, with a margin of 26.8%
Net Income of MX$216.6 million, with a margin of 7.6%
Cash balance of MX$6,032.6 million, 47.3% higher than 1Q10.

Selene Avalos, Urbi’s CFO, commented: “In line with our strategy of profitable growth with FCFE for 2011, during 1Q11 we delivered strong growth and...

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Quarterly Earnings Report 4Q10

2011-03-01T16:46:00.000-06:00

February 28th

4Q10: URBI MAINTAINS LEADERSHIP IN MARGINS AND NET INCOME

Mexicali, BC, February 28th 2011.- Urbi Desarrollos Urbanos, SAB de CV announced its 4Q10 results in line with its strategy of quality growth, consolidating its leadership in margins and as the company with the highest net earnings in the industry.

The company’s results in 4Q10 were

• Revenues of MX$4,984 millions, 4.2% higher than 4Q09
• Ebitda of MX$1,334 millions, with a margin of 26.8%
• Net income grew by 127.9% with a margin of 14.6%
• Free Cash Flow to the Equity was MX$347 million, which includes MX$1,088 million of strategic investments in the integration of housing projects in progress from other home developers.

Selene Avalos, Urbi’s CFO, commented: “Our leadership in...

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Quarterly Earnings Report 3Q10

2010-10-25T18:36:00.000-05:00

October 25th

3Q10: Urbi maintains leadership in volume and revenue growth with the highest margins in the industry, in line with its strategy of quality growth.

Mexicali, B.C., October 25th, 2010.- Urbi Desarrollos Urbanos, SAB de CV, announced its results for 3Q10, which are in line with its strategy of quality growth, and of maintaining its leadership in affordable entry-level housing.

The company reported in the 3Q10:

• 8,693 units sold, 9.9% higher than in 3Q09; with an increase of 55.6% in affordable entry-level housing
• Revenues of MX$4,200 million; 15.7% higher than in 3Q09.
• EBITDA of MX$1,188 million with a margin of 28.3%
• Net margin: 12%
• Cash: MX$5,658 millions, 90.1% higher than in 3Q09

In this regard, Cuauhtemoc Perez, Urbi’s CEO, commented...

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Quarterly Earnings Report 2Q10

2010-09-23T12:00:00.000-05:00

July 26th

2Q10: Urbi delivers strong volume and revenue growth, leadership in margins and solid liquidity position; in line with its strategy of quality growth.

Mexicali, BC, July 26th 2010.- Urbi Desarrollos Urbanos, S.A.B. de C.V. announced its 2Q10 results, which were consistent with its strategy of quality growth, maintaining a strong balance and liquidity position with a focus on the defensive housing segments.

The company reported in the 2Q10:

• 8,517 homes sold, 28.1% higher than in 2Q09; with a 60.4% growth in affordable entry-level housing
• Revenues of MX$3,349.5 millions; 9.1% higher than in 2Q09
• Ebitda of MX$894.2 millions, with a margin of 26.7%
• Net income margin: 12.9%
• Cash: MX$4,899.1 million, 219.9% higher than in 2Q09

Selene Avalos, Urbi’s CFO, commented...

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Quarterly Earnings Report 1Q10

2010-04-27T20:50:00.001-05:00

April 27th

1Q10: Urbi grows housing volumes by 23.5%, maintaining the strength of its liquidity and its position as the company with the highest operating margins in the industry.

Mexicali BC, April 27th th , 2010.- Urbi Desarrollos Urbanos, SAB de CV released its 1Q10 results, which are consistent with the strategy for 2010 of delivering quality growth with free cash flow generation, while maintaining its focus on the housing industry defensive markets.

Under this context, the company reported the following results:
• 6,389 units sold, 23.5% more than 1Q09; with an increase of 34.7% in affordable housing.
• Revenues of MX$2,419 million; 9.0% higher than in 1Q09
• Gross income of MX$711 million with a margin of 29.4%
• Ebitda of MX$678 million with a margin of 28.1%
• Cash and cash equivalents: MX$4,094 million, 365.8% higher than in 1Q09

To this regard, Selene Avalos, Urbi’s CFO, commented...

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Quarterly Earnings Report 4Q09

2010-04-27T20:42:00.000-05:00

February 22nd

URBI: 2009 RESULTS IN LINE WITH STRATEGY OF PRUDENCE AND LIQUIDITY

- Revenue growth, reduction on operating expenses, taking care of margins and free cash flow during 4Q09 allowed the company to reach goals for 2009
- 4Q09 is the 3rd consecutive quarter that Urbi generates positive free cash flow, which is one of the pillars of growth going forward.

Mexicali, February 22nd 2010.- Urbi Desarrollos Urbanos SAB de CV announced its 4Q09 results which allowed the company to reach its goals of strengthening its balance sheet and liquidity position established on March 2009...

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Quarterly Earnings Report 3Q09

2009-10-26T18:53:00.000-06:00

October 26th

“Strengthening balance for a smart and selective growth
in 2010”.

STRONG LIQUIDITY POSITION AND THE HIGHEST MARGINS IN THE INDUSTRY

• The company obtained a FCF position of MX$145 million, a cash balance of MX$2,976 million and revenues of MX$3,076 million.
• Ebitda margin achieved a new high; reaching a level of 30.9% for the quarter. Net margin was of 14.9%

Mexicali, B.C. October 26th 2009.- The company reported revenues of MX$3,076 million for 3Q09. During the first nine months of 2009, revenues were MX$8,740 million, 67% of the target for the year, consistent with its strategy of adjusting the construction-in-progress to 75% of the previous goal for the year and reach a level of MX$13,000 million in revenues for 2009.

Urbi’s FCF generation for the quarter was MX$145 million,...

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Invitation 3Q09 Conference Call

2009-10-15T14:38:00.001-05:00

Invitation to Urbi’s 3Q09 conference call

The company will release the 3Q09 results on October 26th and hold the conference call on October 27th at 11:00am ET.

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Last Post: Quarterly Report 2Q09

2009-10-12T09:58:00.000-05:00

July 27th
Quarterly Earnings Report 2Q09

URBI ADVANCES IN ITS STRATEGY TO MAXIMIZE SHAREHOLDER VALUE DURING 1H09

Mexicali B.C. July 27th 2009.- Urbi Desarrollos Urbanos, S.A.B. de C.V. announced its 2Q09
results in line with its strategy to maximize shareholder value:

The company reported revenues of MX$3,038.3 million on 2Q09, and revenues MX$5,665.6 million for the 1H09, which fully reflects the strategy of adjusting the construction-inprogress
to 75-79% of the previous goal for the year and reach a total of MX$13,000 million for 2009. EBITDA margin was 29.6% and net income margin was of 13.6%.

Cuauhtemoc Perez, Urbi’s CEO, mentioned: ¨Throughout...

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Last Post: Earnings Conference Call 2Q09

2009-10-12T09:26:00.000-05:00

Earnings Conference Call 2Q09
28-jul-2009

Good morning and welcome to URBI´s second quarter results conference call. With us this morning, we have URBI´s chairman and CEO Cuauhtémoc Perez, URBI´s CFO Selene Avalos and URBI’s IRO Antonio Jorge, who will discuss the financial performance of the company for the last quarter, give you a summary of the latest news of the company and answer any question that you might have.

"Certain statements contain forward-looking statements about the Company’s future financial position and results of operations; its ...

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About Urbi

2009-09-08T16:32:00.001-05:00

We are Urbi, a company specialized in housing.

Leading home developer in the northern states of Mexico.
Present in the growing metropolitan areas of Mexico City, Guadalajara, and Monterrey.

Throughout 29 years of business, we have developed over 370 thousand houses.

We have always carried out our business process with an outstanding financial performance, which positions us as one of the most profitable companies in the sector

We are Urbi, we create communities.

Our housing developments are conceived under a master plan community, where the quality, design and esthetics of each urban and architectural element add up to provide status and prestige.

Additionally, we promote the social organization for the development of a new community culture that drives the harmonic development of families, the mind and the heart of our youth and children.