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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Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
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+115.52% | 84.85M | |
-2.64% | 13.39B | |
+12.45% | 6.11B | |
-30.14% | 1.83B | |
+1.14% | 1.04B | |
-4.47% | 830M | |
+55.19% | 524M | |
+3.97% | 501M | |
-26.53% | 469M | |
+12.17% | 265M |
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