RIO DE JANEIRO, May 8, 2013 /PRNewswire/ -- Mills Estruturas e
Servicos de Engenharia S.A. (Mills) (BM&FBovespa: MILS3)
presented in the first quarter of 2013 (1Q13) a solid financial
performance, with record equipment rental revenue and EBITDA,
reflecting the maturing of our investments and our commitment to
maintaining a balance between growth and profitability.
Main highlights of Mills 1Q13 performance:
- Net revenue of R$ 239.9 million,
20.5% higher than the first quarter of 2012 (1Q12).
- Record equipment rental revenue of R$
171.6 million, 24.4% higher than 1Q12.
- Record equipment rental revenues in the Heavy Construction,
Jahu and Rental business segments.
- Record EBITDA of R$ 102.0
million, 18.2% greater than 1Q12.
- EBITDA margin of 42.5%, versus 43.3% in 1Q12.
- Net earnings of R$ 39.3 million,
20.2% above 1Q12.
- Investments of R$ 120.1 million
in rental equipment, equivalent to 40.6% of our 2013 budget.
- Return on invested capital (ROIC) of 14.9%, against 15.1% in
1Q12.
- Opening of three new branches, two of which in the Heavy
Construction business segment and one in the Rental business
segment.
- Approval of the distribution of remuneration to shareholders,
at the General Shareholders Meeting, in the total gross
amount of R$ 41.8 million,
in the form of interest on equity, with payment made on
April 30, 2013.
For the complete press release, please click here.
Date: May 9th, 2013, Thursday
Time: 10:00 (New York time), 11:00
(Rio de Janeiro time) and 15:00
(London time)
Teleconference: +1 786 924 6977 or +1 855 281-6021 (toll free),
code: Mills
Replay: +55 11 4688-6312, code: 6800825# or www.mills.com.br/ri
Webcast: www.mills.com.br/ri
For the conference call and webcast details, please click
here
For further information, contact: +55-21-2123-3700 or
ri@mills.com.br
IR Team:
Alessandra Gadelha – IR
Officer agadelha@mills.com.br
Camila
Conrado
cconrado@mills.com.br
Carolina Henriques
Goncalves cgoncalves@mills.com.br
SOURCE Mills Estruturas e Servicos de Engenharia S.A.