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Mills Plans R$ 127M Investment for 2012 by MillsRI is a document available to read on EtoBox.
What is Mills Plans R$ 127M Investment for 2012 about?
Mills will invest R$ 127 million in capital expenditures in 2012 to return its net debt/EBITDA ratio to 1.0x. From 2009 to 2011, Mills invested R$ 741 million for organic growth, doubling its quarterly revenue through expanding its equipment supply and branch network from 19 to 43 branches. In 2011, Mills also acquired a 25% stake in Rohr S/A Estruturas Tubulares for R$ 90 million. Depending on market opportunities and the macroeconomic environment, Mills may increase its 2012 investments using cash flow.
- Author
- MillsRI
- Language
- EN