Ebitda, operating profit improvements illustrate Bushveld’s ‘strong’ interim results

Aim-quoted integrated vanadium producer and energy storage solutions provider Bushveld Minerals on September 13 reported significant improvements in revenue, earnings before interest, taxes depreciation and amortisation (Ebitda) and operating profit for the six months ended June 30.   Bushveld FD Tanya Chikanza noted that revenue had increased by 62% year-on-year to $76.2-million for the period under review. This increase was one of the key factors in improving adjusted Ebitda, which swung from a loss of $15.6-million in the 2021 interim period –  an improvement of $26.4-million year-on-year.