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Elementia's sales and earnings grow in first quarter of 2021 - Cement industry news from Global Cement

Elementia’s sales and earnings grow in first quarter of 2021
Written by Global Cement staff
05 May 2021
Mexico: Elementia recorded standalone net sales of US$363m in the first quarter of 2021, up by 18% year-on-year from US$309m in the first quarter of 2020. The group’s Mexican cement sales rose by 25% to US$74.9m from US$60.0m. Its US cement sales rose by 6% to US$58.9m from US$55.8m and its Central American sales rose by 18% to US$6.13m from US$5.19m. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 52% to US$51.2m from US$33.6m. In early March 2021 the group announced that it was starting a spin-off process to form a new company from its metals and building systems businesses as part of an ongoing corporate strategic reorganisation. ....

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Adani Green Energy March-qtr net up 86% to Rs 104 crore

Adani Green Energy March-qtr net up 86% to Rs 104 crore
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

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GM profit shrugs off chip shortage with high-priced pickups, SUVs

4 Min Read
(Reuters) -General Motors Co on Wednesday posted far stronger-than-expected first-quarter profit despite a global semiconductor chip shortage as it held down costs and focused on high-margin pickup trucks and SUVs.
Slideshow ( 4 images )
The Detroit automaker, whose shares were up 3.3% in early trading, also said its full-year pre-tax profit would come in at the high end of its forecast.
“The speed and agility of our team are front and center as we move from managing through a pandemic to managing the global semiconductor shortage,” Chief Executive Mary Barra said in a letter to shareholders. “This remains a challenging period.” ....

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11 myths about decision-making

11 myths about decision-making
6 minutes to read
Eleven deeply ingrained and counterproductive myths that harm our ability to make decisions. Photo / 123RF
Harvard Business Review
By: Cheryl Strauss Einhorn
I ve been studying decision-making for more than 20 years, and from my experiences I have identified several deeply ingrained and counterproductive myths that harm our ability to make decisions. The most common of these myths
include:
I like to be efficient
Many of us think that efficiency means jumping right in and making a decision. But to be truly effective, we need to be clear on what we are solving for. Rushing can lead you to decide based on the wrong factors, which could lead to regret. For example, walking into a car dealership and buying the first car you see might feel efficient, but it may mean that you end up with the car the salesperson wanted to get rid of, not the car that best fits your needs and budget. ....

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PM Jacinda Ardern fends off Opposition attacks saying her Govt 'couldn't even deliver Uber eats'

PM Jacinda Ardern fends off Opposition attacks saying her Govt couldn t even deliver Uber eats
3 May, 2021 11:00 PM
3 minutes to read
Health Minister Andrew Little and Prime Minister Jacinda Ardern. Photo / Mark Mitchell
Jason Walls is a political reporter for the New Zealand Heraldjason.walls@nzme.co.nz@Jasonwalls92
Prime Minister Jacinda Ardern is defending Cabinet s call to create a new unit within Government to oversee and ensure the success of new major spending decisions.
The Opposition has already been critical of such a unit, saying the job of managing spending directed by Cabinet already sits with Government ministries and agencies. ....

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