48
Markets4h 46m ago

Sims Ltd upgraded its FY26 underlying EBIT forecast to $420–435 million, up from $350–400 million.

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North America

Who
Sims Ltd
What
Sims Ltd upgraded its FY26 underlying EBIT forecast to $420–435 million, up from $350–400 million.
When
Tue, 16 Jun 2026 23:06:37 GMT · 4h 46m ago
Where
North America ·
Why
The improved outlook is largely due to ongoing strength in non-ferrous markets and a rebound in ferrous trading conditions, especially in Sims' North American businesses.
The Frontline Impact

How this affects you

The upward revision of Sims Ltd's earnings forecast indicates robust performance in the metals recycling sector, specifically driven by North American operations and non-ferrous markets, suggesting positive trends for investors in this segment. Continued growth is linked to favorable conditions in non-ferrous and North American ferrous markets.

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2 events in this thread
  1. Currently Reading4h 46m ago
    Sims Ltd upgraded its FY26 underlying EBIT forecast to $420–435 million, up from $350–400 million.
  2. Markets4h 46m ago
    Sims Ltd (ASX: SGM) has upgraded its FY26 underlying EBIT forecast to $420–435 million, from a previous range of $350–400 million.
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