09.12.2024 12:28:32

Mullen Board Approves 2025 Plan - Quick Facts

(RTTNews) - Mullen Group said its plan for 2025 has been approved by the Board of Directors. The Corporation's expectation is that new acquisitions will enable it to achieve 2025 Plan of $2.2 billion of revenue and $350.0 million of OIBDA. In 2025, the Group plans to deploy $100.0 million of capital expenditures into existing Business Units, and invest $150.0 million towards acquisitions.

The Board has also approved a capital expenditure of $100.0 million. The Group said shareholders can expect an annual dividend of $0.84 per share.

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