Sims Ltd

SGM: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Sims: Data Center Demand Underpins Better-than-Expected Earnings Guidance

Esther Holloway

Mar 18, 2026

Sims has provided a trading update and guidance for fiscal 2026 earnings. It expects underlying EBIT of AUD 350 million-AUD 400 million. This is more than double the prior year, due to higher nonferrous prices and growth in the electronics and computer recycling business. Shares were up 9%.

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Sims Ltd

Sims: Data Center Demand Underpins Better-than-Expected Earnings Guidance

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