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Semapa Increases Profit To 73 Million Semester – Industry

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Semapa's profit grew by more than 47%, despite a drop in sales by 11.5% - Companies

In the first half of this year, Semapa recorded a net profit attributable to shareholders of € 73.1 million, an increase of 141.4% over a profit of € 30.3 million in the same period in 2020.

In the presentation of its financial statements for the first half of the year, the holding that controls the paper mill Navigator, the cement company Secil and the environmental company ETSA, explains that this growth was the result of favorable EBITDA dynamics in all business segments (21.5 million euros), improved financial results (19 € 4 million), reduced depreciation, amortization and impairment losses (€ 18.4 million), while the tax function was negatively impacted (€ 9.8 million).

After the group’s operations were hit by the pandemic in the second quarter of last year due to the pandemic, the group’s consolidated turnover was 971.4 million euros in the first half of this year, equivalent to an increase of 3.1%. , compared to the same period last year.

Of this amount, € 714.6 million came from Navigator (2.7% more than a year ago), € 237.9 million from Secil (3.2%) and € 18.9 million from ETSA (20.4 %). As he emphasizes, exports and sales abroad during this period amounted to 709.8 million euros, which is 73.1% of the total.

EBITDA for the first half was € 224.8 million, up 10.6% from € 203.3 million in the same period last year. Of this amount, 150.5 million euros was received in the pulp and paper business (7.4%), 67.1 million euros – cement (14.9%) and 7.2 million euros (40.6% more).

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In a statement to CMVM, the group emphasizes that EBITDA in the second quarter was higher than in the first quarter by € 9.9 million.

The value of investments made up to June was around 53 million euros, compared with 65 million for the same period in 2020.

Net debt was reduced across all business segments, with consolidated net debt reaching € 1,142.9 million, down € 72.6 million from the end of 2020.

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Economy

The A350 aircraft of the Russian Aeroflot is painted with a hybrid paint of another company

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The A350 aircraft of the Russian Aeroflot is painted with a hybrid paint of another company


With no end in sight to sanctions against Russia, Western planes destined for Russian companies are already being sent to other companies, confirming previously inflated expectations.

Image: Eurospot


The first of these is the Airbus A350-900XWB, which originally went to Aeroflot and was refinished and painted in the colors of a Russian state company, but now it goes to another state company, Turkish, since Western companies cannot sell more aircraft. for the Russians because of the sanctions.

how never seen AEROIN beforeTurkish Airlines has entered into an agreement with Airbus to speed up deliveries of the A350 aircraft and they were expected to receive the aircraft that will go to Aeroflot, for a total of six aircraft.

Now the first of them has actually been spotted at the Airbus factory in Toulouse, in the south of France. Based on a photo from Eurospot, the aircraft still has Aeroflot livery on the fuselage, tail and engines, but has already been given the name Turkish Airlines written in the original colors of the Turkish company.

When this copy will be delivered and if the painting will be finished is not yet clear, as it is reported that the interior will not be changed and will remain as ordered by the Russian company. Since Turkey uses the A350 on its regular flight between Istanbul and Sao Paulo, there is a possibility that this aircraft will soon appear in Brazil.

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Passionate about aircraft since 1999, he graduated in Aeronautics from California State University, Long Beach and Western Michigan University. He is currently the Editor-in-Chief of AEROIN, an aircraft pilot, a member of AOPA, and has experience in Avianca Brasil. #GoBroncos #GoBeach #2A


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Economy

Mercedes CEO says he ‘must be drunk’ when he approved AMG One hypercar

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Mercedes CEO says he 'must be drunk' when he approved AMG One hypercar

problem hypercar The AMG One gave Mercedes a lot of headaches. Originally scheduled for a 2019 launch, the model has yet to hit dealerships until today. a problem perhaps underestimated by the German automaker: the adaptation of a powertrain designed for single-seat cars – in this case Formula 1 – to a street model. The brand’s CEO Ola Kallenius himself joked about the launch delay last Thursday (19) while talking to investors, saying he must have been “drunk” when he agreed to the project.

“About four years ago, the AMG team and its Formula 1 powertrain division approached us and said, “We have a great idea: let’s put a Formula 1 engine in a road car.” I’ll have to go back to check the minutes of the meeting, but I’m sure we were drunk when we said yes,” Kallenius joked when asked about the hypercar’s launch date.

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The Mercedes AMG One uses a 1.6 V6 hybrid engine borrowed from the Constructors’ Championship-winning car in Formula 1 in 2017. With all-wheel drive, it was originally slated for early 2019. At the moment, it still doesn’t have a set release date, although the company says it will announce news about the model “in a few weeks.” With 1,000 horsepower, the car has a top speed of 350 km/h and accelerates from 0 to 200 km/h in just 6 seconds.

Ola Callenius (centre) with Lewis Hamilton: The executive wants the automaker to be more involved in F1 (Cristiano Barmi/Shutterstock)

The documentary will show the history of the project

Mercedes is also promising to release a “very honest” documentary on the development of the hypercar, marketing director Bettina Fetzer announced at the same investor event in Monaco.

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The German automaker should draw inspiration from the successful Drive to Survive series. about reality show Formula 1 on Netflixto close the function. Executives are betting on an approach that shows the daunting task of adapting a single-seat engine to a street car, likely to soften the tight launch delay skirt and brand image.

Mercedes said last year that production of 275 AMG One units would begin in 2022 and that each was sold for €2.27 million (about R$11.6 million). According to Kallenius, this will connect the company’s activities in Formula 1 with its road cars. “This demonstrates that our participation in Formula 1 has a direct impact on the AMG brand,” he said.

Main image credit: Mercedes-Benz/Disclosure. (AMG One design in detail)

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Economy

“Tesla Killer” arrives in Portugal for 49,900 euros.

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Polestar 2: O “Tesla Killer” chega a Portugal por 49 900 euros

In the electric vehicle segment, Tesla is undeniably the benchmark, achieving historic results in Europe. In 2019 we announced Here Polestar 2, an electric car that could hit the market at very attractive prices.

The Polestar 2 has already entered the Portuguese market with a base price of 49,900 euros.

Polestar has arrived in Portugal with its Polestar 2, an electric fastback from 49,900 euros. The Environment Fund incentive, subject to application, allows clients to receive a €4,000 refund from the Portuguese government.

Polestar vehicles can be purchased online through a streamlined and fully digital process that will be complemented by physical stores known worldwide as Polestar Spaces and Polestar Destinations for a complete premium experience.

Polestar 2: Tesla Killer arrives in Portugal for €49,900

The Polestar 2 is available in three versions in Portugal.

The Polestar 2 is a high-performance, compact electric vehicle, the company's first high-volume all-electric vehicle.

In Portugal, the Polestar 2 range will include three versions offering different performance and range.

Polestar 2: Tesla Killer arrives in Portugal for €49,900

Standalone version standard the engine will have a 170kW/330Nm electric motor and a 69kWh battery, giving a WLTP range of up to 474km, while a long range single motor version will increase the battery capacity to 78kWh with a corresponding WLTP band hopping. up to 542 km.

The twin-engine long-range version is equipped with two electric motors and a 78 kWh battery, with a total output of 300 kW and 660 Nm, with a WLTP range of up to 482 km.

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