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Sexta Feira Negra. Four tips for making smart choices this year

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Sexta Feira Negra.  Four tips for making smart choices this year

BUT Black Friday is coming and many consumers are taking advantage of this time of year to shop with discounts. Discounts are usually tempting, but you need to be careful to make really good deals.

Along the way, Doutor Finance offers four tips designed to help consumers make smarter choices this year and save:

1. Set a budget

“When prices are low, it’s easy to lose control of your purchases because even though you spend less on each purchase, the amounts add up and this can lead to higher spending than originally thought, especially in the case of compulsive readers and impatient collectors.

However, setting a maximum amount to spend on Black Friday can and should be your first step. Keep in mind that there might be sales every day, and then you might consider splitting the budget by day, store, or even “categories” (e.g. tech, clothing, etc.).”

2. Start early

“It seems obvious, but in the rush to get the biggest discounts, sometimes we forget that starting early can be the best tactic. Black Friday 2022 is scheduled for November 25th, and before that, there are three stages that you have to pay attention to: research, compare, and choose.

Before you start, think to yourself: what are you looking for? Do you have a need that needs an answer right now? Knowing what you want to buy during Black Friday is a great way to not get caught up in the “when it arrives, I’ll see what’s in there” philosophy because there may be discounts that, while good, are for the products you don’t buy. really don’t need to.”

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3. Black Friday… online?

“For some consumers, long lines and empty shelves can be a real nightmare. Therefore, websites seem to be a good solution as online trading in Portugal is getting more and more ready for the most anticipated Friday of the year.

Also, the best Black Friday deals sometimes show up quite early. Opportunities may be available as early as midnight on campaign day. It may also be the case that some brands offer discounts exclusively online, and therefore, for a consumer who wants to take advantage of the best opportunities, buying online may be the best option.

Taking advantage of the best online discounts will also help you stay within the budget you’ve set for yourself because, in addition to taking advantage of the lowest prices, you also get more control over spending when placing items in your cart. “

Pay attention to exchanges, returns and shipping

“For many consumers, Black Friday is the time to start Christmas shopping to take advantage of the best opportunities. If this is your situation, then we advise you to pay attention to two very important factors: delivery time and exchange and return policies in the store. .

The Christmas season is the busiest time for both shops and transport companies. Because of this, it’s important to understand the delivery forecasts that stores offer, and to research and see if the dates are met to ensure gifts arrive on time for the big day.

On your way to saving on Black Friday, also note that stores offer free shipping to an address of your choice or even store delivery, as this can help you stay within your budget.”

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Read also: Black Friday special offer. Are balance sheets and stocks different? Are there any penalties?

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Economy

discover the 10 foods that have grown the most in the past week

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discover the 10 foods that have grown the most in the past week

A basket of essential products now costs 212.76 euros, which is 29.13 euros (15.87%) more than it cost on February 23, on the eve of the outbreak of the armed conflict in Ukraine. Over the past nine months, dairy and meat products are the categories with the largest increases of 20.79% and 19.41% respectively.

According to the organization, “however, growth is being felt across all food categories. In the analyzed period, frozen food, fruits and vegetables, fish and grocery stores also rose in price by 17.96%, 14.45%, 14.38% and 13.34% respectively” compared to February.

Between October 16 and 23, the top ten products with the highest price increase were horse mackerel (24%), quick-frozen peas (18%), ground roasted coffee (13%), sea bass (11%), cereal flakes. (9%), sea bream and extra virgin olive oil (8%), port wine and hake medallions (6%) and finally dried garlic (4%).

From February 23 to November 2: fresh hake (50%), white sugar (49%), tomato pulp (48%), oranges (41%), UHT semi-skimmed milk (37%), turkey steak (33%). , cookies “Maria” and eggs (32%), carrots and a whole chicken (31%).

The Consumer Advocacy Association monitors weekly prices for a basket of 63 staples that includes turkey, chicken, hake, horse mackerel, onions, potatoes, carrots, bananas, apples, oranges, rice, spaghetti, sugar, ham, milk, cheese and butter.

The association explains that this increase is due to the fact that Portugal is “heavily dependent on external markets to guarantee the supply of cereals needed for domestic consumption”, which “currently represent only 3.5% of national agricultural production: mainly corn (56 %). , wheat (19%) and rice (16%).

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“And if in the early 1990s self-sufficiency in grain was about 50%, now the value does not exceed 19.4%, which is one of the lowest rates in the world and obliges the country to import about 80% of grain. ” adds Deku.

The organization explains that “the Russian invasion of Ukraine, where most of the grains consumed in the European Union and Portugal come from, has put even more pressure on the sector, which is struggling with the consequences of the pandemic and drought. with a strong influence on production and stockpiling.”

“Limiting the supply of raw materials and increasing the cost of production, namely the energy needed for agri-food production, can thus be reflected in higher prices in international markets and, consequently, in prices at the consumer,” he emphasizes.

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Economy

Unéole invents a solar-wind hybrid rooftop generator

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Unéole has developed a hybrid production system using solar panels and wind turbines to improve efficiency and productivity.

Unéole combines photovoltaic and wind power to deliver higher self-consumption performance in buildings.

Currently, energy production from solar photovoltaic is one of the most used solutions worldwide.

Although it performs well during the day, its performance becomes limited as soon as the radiation decreases, whether at night or on cloudy days.

To make your own consumption more efficient, UnolFrench start-up has created a hybrid system that combines wind and photovoltaic energy.

New Solar and Wind Turbine System Boosts Yields by 40%

Unéole - Hybrid solar and wind generator
Unéole – hybrid solar and wind power generator

This new hybrid system is based on two sets of 4m high wind turbines connected by a roof made up of solar panels.

Wind turbines are made from recycled or recyclable materials such as aluminum and stainless steel to reduce their environmental impact.

According to the manufacturer, this system can be used on flat roofs of professional premises or condominiums with an area of ​​​​more than 150 m2 and, if necessary, the installation of at least 10 wind turbines.

Compared to traditional systems, the company guarantees a 40% higher yield and greater building autonomy.

First test done last year

Unéole - Hybrid solar and wind generator
Unéole is a prototype solar-wind hybrid generator

With this hybrid system, Unéole promises to offer one of the most efficient renewable energy systems on the market.

From design to installation, Unéole guarantees every step of the project and uses algorithms to determine the optimal number of wind turbines and photovoltaic panels for a building.

To confirm these data, the first tests are already being carried out, having installed an experimental device last year at the CD2e LumiWatt center in St. Loos en GoelFrance.

Video – Unéole – Mixed Energy Platform

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Economy

Altri’s profit will rise by 30% to 117 million by September – Indústria

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Altri loses another 9.6%.  Already lost 258.5 million in two days

Altri posted a net result of 117.4 million euros in the first nine months of this year, an increase of 29.9% compared to 90.4 million recorded in the same period last year.

However, in the third quarter alone, earnings were €47.7 million, an increase of just 3.8%, which the company attributes to “a negative evolution of the USD currency hedges recorded in earnings and an increase in the effective tax rate quarterly.”

In a statement to CMVM, Altri adds that through Caima, Celbi and Biotek, it produced 852,100 tons of cellulose fiber in the first nine months of this year, down 1.6% from the same period last year, “taking into account planned closures. Biotek in May”, with foreign markets absorbing 86% of the total.

“The group’s financial performance was affected by production volumes, sales, and prices,” the paper pulp manufacturer says in a presentation.

Total revenue reached 805.9 million euros, up 37.7% compared to the first nine months of 2021. The pulp business alone generated €667.8 million in revenue, up 36.9% from the same period in 2021.

EBITDA for the year reached 223.4 million euros, up 25.4% year on year. In the third quarter alone, EBITDA was 92.6 million, Altri highlighted in a statement that “EBITDA per tonne of pulp reached 338 euros, a record high in the group’s history, demonstrating a focus on efficiency and profitability.”

EBITDA margin at the end of September was 27.7%, down 2.7 percentage points from the same period in 2021.

“Despite the favorable pulp price environment, the inflationary context of several variable costs limited the margin change,” Altri explains, noting that “there is still a corresponding increase in the prices of chemicals, natural gas and wood.”

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Until September, the group’s investments had more than doubled to 34.8 million euros, compared to 16.8 million euros in the same period last year.

Despite this, net debt stood at around EUR 358.9 million at the end of September, only slightly higher than the EUR 356.9 million recorded at the end of June. The net debt/EBITDA ratio was 1.3x.

José Soares de Pina, CEO of Altri, highlights in the announcement that accompanies the disclosure of the results that the figures were achieved “in challenging conditions, especially with regard to inflation of various variable costs”, adding that “significant increases have been recorded in the price of natural gas, as well as chemicals. In addition, the average cost of timber “was higher, largely reflecting higher levels of imports,” he says.

“All of these factors are affecting the Altri Group, resulting in a corresponding increase in production costs per tonne. However, as a result of focusing on the efficiency of our operations, we achieve more than just offsetting these costs.” .

The low level of net debt, says José Soares de Pina, “allows us to maintain the financial capacity to consider the possibilities of the bioeconomy.”

Regarding the project for a new industrial plant for the production of sustainable textile fibers in Galicia, the CEO says he intends to announce the final investment decision in the first half of next year. Regarding the Gama project, Altri also notes that it continues to move forward in the main areas of decision-making, namely in the field of environmental impact study, engineering design, economic viability, funding structure and access to European Union funds.

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In addition to the international context of increased demand for pulp, Altri notes that stock levels in European ports are still well below the averages of recent years, “having reached the lowest level in the last five years in July 2022”, which “has a positive impact on prices for wood fiber (BHKP), which remained at $1,380 per tonne in the third quarter.”

In terms of year-end outlook, the group notes that “decreasing inventory levels in European ports, combined with strong demand in key segments such as fabrics, are good indicators for the near future.”

On the supply side, he highlights that “global logistics is in the process of normalizing but still has some impact on many value chains.”

Altri points out that “general variable cost inflation was a major concern for the group in 2022”, confirming that “rising natural gas prices, chemical prices and timber costs, largely attributable to increased imports, were the main drivers of the corresponding increase in production cost per ton.

Regarding the decisions made to minimize this effect, the group says that it has recently begun “introducing some solutions, namely by reducing the consumption of natural gas by using alternative products.”

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