ADN 0.00% 1.6¢ andromeda metals limited

Ann: Results of Concrete Decarbonisation Study, page-74

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    $ 3.00 per cubic may seem small but if you look at asx listed concrete suppliers none are making over 5% profit it’s a competitive industry.

    If you consider a cubic metre costing $200 then the profit is $10 a $3 saving could potentially be a 30% increase in profit. Of course this is a simplistic calculation, the point being the saving should be looked at as a % of profit not total sale price.

    The fact the product is improved and helps the company’s reduce their carbon emissions which are a major focus currently makes it extremely attractive.

    The suggestion that a concrete producer would say gee it only saves us 3 bucks sure it’s makes the product better and a little greener but it’s not worth worrying about is laughable. Good management are looking for every saving and method to improve quality and reduce emissions they can find.

    https://hotcopper.com.au/data/attachments/5144/5144580-bfd2e9c78ec83e6e07a492a1e97bd19c.jpg
 
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