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  • Mills Expands 2012 Capex Budget To R$ 256 Million: Press Release

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    Mills, a Brazilian engineering and construction company, has revised its 2012 capital expenditure budget upward to R$256 million from R$127 million to take advantage of opportunities in its markets. The bulk of the increased capex will go toward the company's heavy construction division (R$136 million, 53.1% of total) and industrial services division (R$52 million, 20.3% of total). The press release provides contact information for Mills' investor relations team to obtain further details.

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    Mills, a Brazilian engineering and construction company, has revised its 2012 capital expenditure budget upward to R$256 million from R$127 million to take advantage of opportunities in its markets. The bulk of the increased capex will go toward the company's heavy construction division (R$136 million, 53.1% of total) and industrial services division (R$52 million, 20.3% of total). The press release provides contact information for Mills' investor relations team to obtain further details.

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    6 views1 page

    Mills Expands 2012 Capex Budget To R$ 256 Million: Press Release

    Uploaded by

    MillsRI
    Mills, a Brazilian engineering and construction company, has revised its 2012 capital expenditure budget upward to R$256 million from R$127 million to take advantage of opportunities in its markets. The bulk of the increased capex will go toward the company's heavy construction division (R$136 million, 53.1% of total) and industrial services division (R$52 million, 20.3% of total). The press release provides contact information for Mills' investor relations team to obtain further details.

    Copyright:

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    Press Release

    Mills expands 2012 capex budget to R$ 256 million


    Rio de Janeiro, July 16, 2012 - Mills Estruturas e Servios de Engenharia S.A. (Mills) informs that the 2012 capex budget has been revised upward to R$ 256 million from R$ 127 million, in order to continue capturing the attractive opportunities in its markets. 2012 Capex Budget per division
    2012 Capex Budget R$ million % 52 20.3% 44 7 136
    1

    Heavy Construction Jahu - Residential and Commercial Industrial Services Rental Corporation Total

    17.2% 2.7% 53.1% 6.6% 100.0%

    17 256

    Including SAP development and implementation


    For further information, contact: +55-21-2123-3700 or ri@mills.com.br IR Team: Alessandra Gadelha IR Officer Camila Conrado Carolina Henriques Gonalves

    agadelha@mills.com.br cconrado@mills.com.br cgoncalves@mills.com.br

    This press release may include declarations about Mills expectations regarding future events or results. All declarations based upon future expectations, rather than historical facts, are subject to various risks and uncertainties. Mills cannot guarantee that such declarations will prove to be correct. These risks and uncertainties include factors related to the following: the Brazilian economy, capital markets, infrastructure, real estate and oil & gas sectors, among others, and governmental rules that are subject to change without prior notice. To obtain further information on factors that may give rise to results different from those forecast by Mills, please consult the reports filed with the Brazilian Comisso de Valores Mobilirios (CVM).

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