CERF Incorporated announced its Board of Directors has approved an initial 2015 capital budget of $7.3 million, a 65% reduction from 2014 after normalizing the recently acquired Winalta Inc. CERF intends to finance its 2015 capital expenditure budget from operating cash flows. CERF's 2015 capital budget represents a small portion of its free cash flow, with approximately $3 million of the $7.3 million capital budget being allocated to growth activities, allowing the company to protect its balance sheet while maintaining service levels for its customers.
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5-day change | 1st Jan Change | ||
1.25 CAD | -0.79% |
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+8.70% | +115.52% |
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Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
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+115.52% | 85.21M | |
-4.77% | 12.38B | |
-42.65% | 1.51B | |
+1.02% | 1.02B | |
+4.28% | 861M | |
-2.86% | 761M | |
+58.96% | 522M | |
+5.33% | 501M | |
-40.39% | 387M | |
+7.73% | 263M |
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