Strategies for Succeeding in Today’s Brazil
Harvard Business Review
NOVEMBER 19, 2015
We are forecasting the Brazilian economy to recover only by mid-2017, with GDP growing at an average of a mere 1.0% times their earnings before interest, tax, depreciation and amortization (EBITDA). By 2014, target price to EBITDA ratios had already fallen to 6.9 times EBITDA.
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