Sims Ltd
SGM: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.Z | LOCK|tB | LOCK|j>?CG&N |
Sims Earnings: Redirection of China's Steel a Headwind for Australia and New Zealand Business
Sims' fiscal 2025 underlying EBIT of AUD 175 million was almost three times last year's. Growth reflected a 200-basis-point increase in metals trading margin to 22% due to higher average sales prices, operational cost cuts, and a sales mix shift to higher-margin nonferrous metals.
