Mills up 20% in first quarter

Belinda Smart

19 May 2021

Brazilian rental company Mills has reported strong rental revenues of R$131.9 million (€20.5 million) for the first quarter of 2021, up 19.9% on the same period in 2020, reflecting continued recovery from Covid-19.

Mills Solaris CEO Sergio Kariya said the fact that approximately 70% of Mills’ rental revenue derives from non-construction sectors such as industry, services and commerce had supported better than expected revenues during the instability of the pandemic.

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