Mineral Resources warns of Ebitda fall

ASX-listed Mineral Resources on Wednesday has increased its earnings before interest, tax, depreciation and amortization (Ebitda) of between A$360-million and A$390-million, for the 2019 financial year.

This was up from the previous guidance of between A$280-million and A$320-million estimated in November of last year, and compared with the Ebitda of A$507-million reported in the 2018 financial year.