Mills Locação, Serviços e Logística S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
March 19, 2024 at 07:47 pm EDT
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Mills Locação, Serviços e Logística S.A. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was BRL 367.3 million compared to BRL 327.1 million a year ago. Net income was BRL 81 million compared to BRL 47.6 million a year ago.
For the full year, the company reported net income was BRL 277.93 million compared to BRL 216.51 million a year ago. Basic earnings per share from continuing operations was BRL 1.34 compared to BRL 1.04 a year ago. Diluted earnings per share from continuing operations was BRL 1.34 compared to BRL 1.04 a year ago.
Mills Estruturas e Servicos de Engenharia SA is a Brazil-based company primarily engaged in the commercial equipment rental. The Company's activities are divided into two business units: Construction and Rental. The Construction division operates in the heavy construction market and offers construction works and services, including formworks and props, as well as access to non-mechanized equipment, mast climbing platforms and scaffolds for the residential and office building construction sector. The Rental division provides leasing and sale of scissor lifts and telescope handlers for construction, trade and manufacturing markets, among others. The Company operates numerous branches across Brazil.
MILLS LOCAÇÃO, SERVIÇOS E LOGÍSTICA S.A. 
