Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRBY) Q1 2026 Earnings Call May 15, 2026 10:00 AM EDT
Company Participants
Miguel Mickelberg - CFO, Investor Relations Officer & Member of the Board of Executive Officers
Raphael Horn - Co-President & Member of the Board of Executive Officers
Conference Call Participants
Fanny Oreng Avino - Santander Investment Securities Inc., Research Division
Pedro Lobato Garcia Fernandes - Banco Bradesco BBI S.A., Research Division
Elvis Credendio - Itaú Corretora de Valores S.A., Research Division
Alejandra Obregon - Morgan Stanley, Research Division
Ygor Altero - XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A., Research Division
Olavo Fleming
Tainan Costa - UBS Investment Bank, Research Division
Gustavo Fabris - Banco BTG Pactual S.A., Research Division
Wilfredo Jorel Guilloty - Goldman Sachs Group, Inc., Research Division
André Mazini - Citigroup Inc., Research Division
Marcelo Motta - JPMorgan Chase & Co, Research Division
Presentation
Operator
Good morning, ladies and gentlemen, and welcome to Cyrela Brazil Realty S.A. Earnings Conference Call regarding the company's first quarter 2026 results. Joining us today are Raphael Horn, CEO; and Miguel Mickelberg, CFO and Investor Relations Officer. Please note that this conference call is being recorded and simultaneously translated. [Operator Instructions] Additionally, for those who wish to access the presentation in English, it is available on the company's Investor Relations website ri.cyrela.com.br. [Operator Instructions]
We would like to remind you that any statements made during this conference call regarding Cyrela's business outlook, operating and financial targets constitute forward-looking statements by the company's management and may or may not materialize. Investors should understand that political, macroeconomic and other operating factors may affect the company's future performance and could cause actual results to differ materially from those expressed in such forward-looking statements.
To begin the first Q 2026 earnings conference call, I'd like to turn the floor to Mr. Miguel Mickelberg, CFO and IRO. Mr. Mickelberg, you
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