ASX:SGMMetals and Mining
Upgraded FY26 Earnings Outlook and Lifecycle Growth Could Be A Game Changer For Sims (ASX:SGM)
In recent months, Sims Limited reported a sharp uplift in underlying profitability, with fiscal 2025 Underlying EBIT rising to about A$175 million and new guidance flagging FY26 Underlying EBIT in the A$350 million to A$400 million range, helped by stronger North American operations and portfolio changes such as the sale of its UK metals business.
A key development is the growing contribution from Sims Lifecycle Services, which is benefiting from elevated DDR4 secondary-market pricing and...