Monday, 23 Sep 2024

HeidelbergCement Q1 Revenues Up

His rookie season was better than Zion Williamson’s and a docuseries will now tell his story

NBA rookies usually don’t deserve documentary treatment.

Ja Morant, one of the league’s bright young stars, wasn’t your typical rookie.

“It was important being my rookie season to tell how my first year was going and went,” Morant told USA TODAY.

Morant, 21, in his second season with the Memphis Grizzlies, has a story to tell. Unheralded as a high school player, neglected by the Power Five universities and lightly recruited by most Division I programs, Morant played at Murray State where he blossomed into one of the top college players and a lottery pick in the 2019 NBA draft.

‘Girls5Eva,’ ‘Rutherford Falls’ and the Nostalgia Trap

Peacock, the streaming platform, relies on must-see reminiscing in two shows that are also warnings about living in the past.


By James Poniewozik

Want to quit Facebook over the Trump ban? Here’s how to delete your account.

The Facebook Oversight Board announced Wednesday its decision to uphold the band of former president Donald Trump on its social platforms, namely Facebook and Instagram.

The Board’s decision came with a caveat saying it was not appropriate for Facebook to impose an “indeterminate and standardless penalty” of indefinite suspension and instructed the company to review the matter within six months, possibly opening the door to Trump’s return.

Following the news, spectators across the aisle only agreed that Facebook made a bad call.

Actor and activist Sacha Baron Cohen called on Facebook to “stop protecting politicians who spread lethal lies” on Twitter, while Texas Sen. Ted Cruz decried the “silencing” by “Big Tech oligarchs.”

The hashtag #DeleteFacebook started trending shortly after the Board’s announcement, with people announcing this was the last straw:

A new study shows that 1/4 of Facebook app users have deleted it from their phone in the last year. The removal of the app follows the Cambridge Analytica data misuse scandal earlier this year.

Follow Brett Molina on Twitter: @brettmolina23.

Federal judge vacates CDC eviction moratorium

Fox Business Flash top headlines for May 5

Check out what’s clicking on FoxBusiness.com.

A federal judge on Wednesday vacated a nationwide eviction moratorium for rental properties that had been put in place by the U.S. Centers for Disease Control and Prevention to provide relief for Americans hit hard by the coronavirus pandemic.

U.S. District Judge Dabney Friedrich said the "plain language" of a federal law governing the spread of communicable diseases such as COVID-19 prevented the CDC from legally imposing a moratorium.

The moratorium was announced last September and periodically has been extended. The current moratorium was set to expire on June 30.

CLICK HERE TO READ MORE ON FOX BUSINESS

(Reporting by Tim Ahmann in Washington and Jonathan Stempel in New York; Editing by Will Dunham)

What Should the New ‘Jeopardy!’ Be? Guest Hosts Provide the Clues

Following Alex Trebek’s death, a parade of replacements seem to be battling for the soul of the game — and the state of knowledge itself.


By Amanda Hess

The 17 Best Recipes Our Food Staff Cooked Last Month

In April, we felt inspired to try new recipes and to safely gather with family and friends over good food.

By Nikita Richardson

HeidelbergCement Q1 Revenues Up

HeidelbergCement (HDELY.PK) reported that its first-quarter result from current operations before depreciation and amortization grew by 33% to 538 million euros from 405 million euros last year. The result from current operations rose by 280% to 223 million euros from 59 million euros last year.

First-quarter revenues rose by 1% to 3.96 billion euros from 3.93 billion euros last year. On like-for-like basis, revenues grew 4%.

“HeidelbergCement has made an excellent start to 2021,” said Dr. Dominik von Achten, Chairman of the Managing Board. “In all Group areas, we have once again been able to significantly increase our results and margins compared with an already strong first quarter in the previous year. This is a seamless continuation of our very good development in recent quarters”.

Cement sales volume rose 2% to 28.4 million tons from 27.7 million tons last year. Deliveries of aggregates increased by 2.0% year-on-year to 61.3 million tons from 60.1 million tons.

Looking forward, HeidelbergCement expects a slight increase in revenue and result from current operations before consolidation and currency effects in 2021.

“The very good first quarter confirms our optimistic outlook for 2021,” said Dr. Dominik von Achten. “We expect continued strong demand in private residential construction and infrastructure in all regions. In particular, the stimulus programmes launched by many governments to support the economic recovery are likely to have a positive impact on construction activity and thus on our sales in the short and medium term.”

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