06
Feb
04:21
IGO’s Ebitda falls on lower revenue
Australian miner IGO reported lower earnings before interest, taxes, depreciation, and amortization (Ebitda) in the second financial quarter ended 31 December 2023, in line with lower revenue, Kallanish notes.
The group says in a statement that its underlying Ebitda fell 58% quarter-on-quarter to AUD 153 million ($99.57m). Year to date, underlying Ebitda stood at AUD 515m.
The group’s revenue was also down 28% q-o-q to AUD 179m due to lower nickel prices an…
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Anonymous
Very good overview of the weekly steel market.
Anonymous