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3 results for “Resia”
PROSmall Caps• Aug 09
MRV Embraces Impairment for Deleveraging as Q2 Earnings Near; Resia Sale Masks Brazil Turnaround
Brazilian homebuilder MRV&Co. is poised to report a net loss for Q2 due to a non-cash US$61 million impairment, a strategic move to cut R$1.5 billion in net debt and focus on its profitable domestic operations.
Markets• Jul 29
MRV Slashes Net Debt by 7.5% After Concluding US$139M Resia Asset Sale
Brazilian builder MRV reduced consolidated net debt by $87 million via the sale of two US Resia projects, boosting its stock on deleveraging news.
Small Caps• Jul 29
MRV Slashes Consolidated Net Debt by 7.5% After Finalizing US$139M Resia Asset Sale
Brazilian homebuilder MRV&CO (MRVE3) completed the sale of two US assets, cutting debt by US$87 million in its deleveraging push.