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Brasil Brokers plans to conclude, until the end of the year, definition of markets to exit

Brasil Brokers pretende concluir, até o fim do ano, a definição dos mercados em que deixará de atuar

Intel ID : 220777
Synopsis

Brasil Brokers plans to complete by the end of the year, the definition of markets to exit. This year, the real estate network closed 22 stores, most of them since new president, Plinio Serpa Pinto, took office in late April, who focused immediately in rearranging the house. Three other stores will be closed until the end of the year. The company opened six sales points in 2014.

The first store closing round focused on situations where there were overlapping units whose results were considered satisfactory. The group is completing the analysis of cities. According to the president, the company can work with little profit in some cities, but damage is inadmissible. Brasil Brokers replaced some executives and, in the opt out of town cases, it could can sell its stake in the stores' share capital to former owners or close units.
(content in portuguese)

A Brasil Brokers pretende concluir, até o fim do ano, a definição dos mercados em que deixará de atuar. Neste ano, a rede de imobiliárias fechou 22 lojas, a maioria desde que o novo presidente, Plínio Serpa Pinto, assumiu o cargo, no fim de abril, já com foco na rearrumação da casa. Outras três lojas serão fechadas até o fim do ano. A empresa abriu seis pontos de vendas em 2014.

A primeira rodada de fechamento de lojas focou situações em que havia unidades sobrepostas cujos resultados eram considerados satisfatórios. O grupo está terminando a análise das cidades. Segundo o presidente, a empresa pode trabalhar com pouco lucro em algumas cidades, mas prejuízo é inadmissível. A Brasil Brokers substituiu alguns gestores e, nos casos em que optar sair da cidade, poderá vender a participação nas lojas para os antigos proprietários ou fechar unidades.

Intel ID 220777
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Brasil Brokers Participações
(31 Dec 2023)
Revenue: EUR 21,51m
Net Debt: EUR 9,89m
Exchange Rate:
Date
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Subsector (Old TTR Sectors)
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Intel Grade
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Tags

Target

Name
Subsector (Old TTR Sectors)
Services and Distribution / Consultancy, Audit and Engineering (Primary)
Real Estate and Construction / Real Estate
Primary Sector (TTRSC)
25.03.03 Real Estate Services
25 Financial Services / 25.03 Real Estate

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Date Target Country Buyer Seller VALUE (EURm) Subsector    

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