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    MULT3   BRMULTACNOR5

MULTIPLAN EMPREENDIMENTOS IMOBILIÁRIOS S.A.

(MULT3)
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Multiplan Empreendimentos Imobiliários S A : shopping malls become solidarity centers

07/20/2021 | 11:02am EDT

Day of Charity is celebrated on July 19. Since the beginning of the COVID-19 pandemic, Multiplan and its 18 shopping centers have promoted a series of social actions to benefit society. Over the past 10 years, the Company has invested more than R$11 million in initiatives in the areas of health, well-being, culture and social responsibility.

Multiplan remains committed to supporting the important process to immunize the Brazilian population, making its shopping centers available as vaccination points to combat COVID-19. At BarraShoppingSul, in Porto Alegre (RS), at ShoppingAnáliaFranco, in São Paulo (SP) and at ParkShoppingSãoCaetano, in São Caetano do Sul (SP), vaccinations are offered in a drive-thru scheme. In Ribeirão Preto (SP), it takes place at the do RibeirãoShopping Medical Center. By mid-July, more than 103,000 doses of immunizing agents had already been applied in these four Multiplan malls.

In June, the Company completed donations of 10,000 food hampers for the #TamoJuntoNaLuta campaign run by the Transforma Brasil movement. Some 150 tons of food were sent to more than 100 organizations operating in 15 cities, including all in which Multiplan is present. In addition, at the Group's shopping centers and offices, another 13 tons of non-perishable foodstuffs were collected at points made available for donations from clients, storekeepers and employees.

Below you can watch the full video of the Alimente o Bem food campaign, which benefited around 40,000 people.

To check out even more of Multiplan's initiatives, access Folha Solidariedade.

Join us and Multiply the Good!

Disclaimer

Multiplan Empreendimentos Imobiliários SA published this content on 19 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2021 15:01:03 UTC.


© Publicnow 2021
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Sales 2021 1 223 M 231 M 231 M
Net income 2021 401 M 75,8 M 75,8 M
Net Debt 2021 1 880 M 356 M 356 M
P/E ratio 2021 29,9x
Yield 2021 1,12%
Capitalization 11 945 M 2 250 M 2 261 M
EV / Sales 2021 11,3x
EV / Sales 2022 9,57x
Nbr of Employees 8 787
Free-Float 67,0%
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Number of Analysts 13
Last Close Price 20,14 BRL
Average target price 28,32 BRL
Spread / Average Target 40,6%
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Managers and Directors
José Isaac Peres Chief Executive Officer & Director
Armando d'Almeida Neto Chief Financial Officer
José Paulo Ferraz do Amaral Chairman
Eduardo Kaminitz Peres Vice Chairman & Chief Operating Officer
Vander Aloisio Giordano Vice President-Compliance & Institution
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