Sims Ltd

SGM: XASX (AUS)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Sims Earnings: Strong Metals Result, but Technology Recycling Momentum Is Fading

Sims' fiscal 2026 underlying EBIT jumped 168% to AUD 468 million. Strong prices for nonferrous metals like copper and aluminum lifted its North American recycling businesses, while earnings at its computer recycling unit, SLS, rose fivefold to AUD 173 million. Still, shares fell 11%.

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