Notice to the Market MULTIPLAN’S MALL SALES IN 1Q09 UP 20.6% VERSUS 1Q08 Rio de Janeiro, April 13, 2009 Multiplan Empreendimentos Imobiliários (Bovespa: MULT3) announces that the shopping malls managed by the company recorded sales of R$1.3 billion in the first quarter of 2009, with a 20.6% higher performance than in 1Q08. The Same Area Sales (SAS), which only considers the existing areas from the previous year, grew 8.5% in the first quarter of 2009 in comparison to the first quarter of 2008 – a similar growth to that of last year’s quarter, when Same Area Sales performed 9.3% above 4Q07. In relation to total sales, the highlights were Pátio Savassi, in Belo Horizonte (19.8%), ParkShopping, in Brasília (17.7%), and RibeirãoShopping, in Ribeirão Preto (16.7%). The three expansions delivered in the end of last year and BarraShoppingSul, the company’s newest shopping center that opened on November 18th, also contributed to the strong growth. The new areas and the mall registered sales of R$113 million in the first quarter of 2009. Total sales in Multiplan’s malls had already grown 21% in 1Q08 when comparing to 1Q07, and 19% in 1Q07 in relation to 1Q06. Same Store Sales (SSS) grew 5.1% in comparison to 1Q08 led by the service segment (cinemas, gyms, telecommunication companies, entertainment area, among others), which showed a 9.7% increase in the quarter. The satellite stores registered higher sales than the anchor stores in the quarter, outperforming the same period of 2008 by 6.4%.
Total Sales Shopping Centers State BHShopping MG RibeirãoShopping SP BarraShopping RJ MorumbiShopping SP ParkShopping DF DiamondMall MG New York City Center RJ Shopping AnáliaFranco SP ParkShoppingBarigüi PR Pátio Savassi MG Shopping SantaÚrsula SP BarraShoppingSul RS Portfolio
1Q09 133,842 88,991 235,403 204,535 135,676 64,670 33,246 97,928 101,228 52,624 21,052 92,006 1,261,200
R$ '000 1Q08 Var. 119,872 ▲11.7% 76,224 ▲16.7% 224,322 ▲4.9% 183,603 ▲11.4% 115,238 ▲17.7% 59,966 ▲7.8% 35,691 ▼6.9% 93,862 ▲4.3% 93,077 ▲8.8% 43,936 ▲19.8% n.a. n.a. 1,045,791 ▲20.6%
Total Sales Evolution (R$ ‘000)
+92,006 +81,340
+21,012 1,261,200
+21,052
1,045,791
+20.6% Sales 1Q08
Shopping Shopping Barra New Centers in Santa Shopping Expansions operation Úrsula Sul
Total Sales (R$ ‘000)
CAGR: +20.1% SSS by segment Segments Food Court Diverse Home & Office Services Apparel Portfolio
Satellites ▲3.1% ▲6.4% ▲5.2% ▲8.2% ▲8.1% ▲6.4%
1Q09 Anchors n.a. ▲0.7% ▲2.3% ▲10.3% ▲0.6% ▲2.2%
x 1Q08 TOTAL ▲3.1% ▲4.8% ▲3.9% ▲9.7% ▲6.1% ▲5.1%
Armando d’Almeida Neto CFO and Investors Relation Officer
Tel.: +55 (21) 3031-5224 Fax: +55 (21) 3031-5322 E-mail:
[email protected] http://www.multiplan.com.br/ri
1,261,200 1,045,442
864,642 727,675
1Q06
Contact
Sales 1Q09
1Q07
1Q08
1Q09
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