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Sims ( (AU:SGM) ) has shared an update.
Sims Limited reported a 4.1% increase in sales revenue for the year ending June 2025, reaching A$7,494.0 million. Despite a net loss of A$19.0 million, the company improved from the previous year’s loss of A$57.8 million. The Board announced a final dividend of 13 cents per security, fully franked, with no dividend reinvestment plan. The company also noted a change in control of Sims Group UK Limited, which is no longer under its control as of September 2024. These developments indicate a strategic shift in operations and a focus on financial recovery, impacting stakeholders and market positioning.
The most recent analyst rating on (AU:SGM) stock is a Sell with a A$11.50 price target. To see the full list of analyst forecasts on Sims stock, see the AU:SGM Stock Forecast page.
More about Sims
Sims Limited operates in the recycling industry, focusing on metal and electronics recycling services. The company is a key player in the global recycling market, providing sustainable solutions for waste management and resource recovery.
YTD Price Performance: 27.56%
Average Trading Volume: 245,403
Technical Sentiment Signal: Buy
Current Market Cap: A$2.9B
For an in-depth examination of SGM stock, go to TipRanks’ Overview page.