Even in the news

Even's credit rating was downgraded by S&P National Ratings due to macroeconomic sensitivity, a more conservative launch strategy, and increased project concentration impacting its operational scale and financial stability.

S&P National Ratings downgraded Even's credit rating due to macroeconomic sensitivity, higher interest rates, and a more conservative operational strategy.

Even's credit rating was reclassified to brAA by S&P Global Ratings, maintaining a negative outlook.

Even's credit rating was downgraded by S&P due to a more conservative operational strategy and projected decrease in launch value, though its liquidity and low leverage remain strong.

Even Construtora e Incorporadora S.A. (EVEN3) received a brAA credit rating with a negative outlook from S&P Global Ratings.

Even's credit rating was downgraded by S&P due to a more conservative operational strategy, leading to an anticipated reduction in operational scale and increased project concentration, despite projected improvements in profitability and a stable financial profile.

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Even reported a net income of R$77 million in the first half of 2026, a 40% decrease year-over-year, alongside a significant reduction in launches and sales, and increased net debt.

Even Construtora e Incorporadora experienced lower sales and higher net debt in 6M26, but improved gross margin and maintained a luxury-focused project pipeline, particularly in São Paulo.

Real Investor acquired 9.92% of Even's capital, making it a major shareholder.

Even and Mitre's shares surged after both companies reported strong sales growth in their second-quarter previews, with Even's gross sales up 88.7% quarter-over-quarter and Mitre's up 27%.

Even Construction Company is revitalizing a section of Pinheiros with accessibility and lighting improvements, including new sidewalks, solar-powered lights, and a graffiti mural.

Even revitalizes streets in Pinheiros, São Paulo, with sidewalk improvements, solar lighting, and urban art to enhance accessibility and safety.

Even is revitalizing a section of Pinheiros, São Paulo, by improving sidewalks, lighting, and safety, and adding urban art.

Even Construtora E Incorporadora S.A. generated 1.93 billion BRL in revenue last year, primarily from real estate development in Brazil, a decrease from the previous year.

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Even reinforces its focus on the ultra-luxury segment with the new Renato 410 development in Itaim, emphasizing well-being, privacy, and personalized experiences with premium amenities.

Even, a real estate developer, reported a significant drop in net profit and revenue in Q2 2026, despite improved operational efficiency, while facing increased debt and cash burn.

Even reported a 37.2% decrease in net income to R$30.7 million and a 64.7% drop in net revenue in Q2 2026, alongside an increase in net debt.

Even's Q2 2026 results were below expectations due to lower revenue, compressed margins, significant cash burn, and increased leverage, despite an extraordinary gain boosting reported net profit.