Sims Ltd Sponsored Adr ( (SMSMY) ) has released its Q4 earnings. Here is a breakdown of the information Sims Ltd Sponsored Adr presented to its investors.
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Sims Ltd Sponsored Adr is an international company specializing in the recycling of ferrous and non-ferrous metals, as well as IT asset and electronic equipment recycling, operating primarily in the metal recycling industry. In its latest earnings report for the fiscal year ending June 30, 2025, Sims Limited reported a 4.1% increase in sales revenue from continuing operations, reaching A$7,494.0 million. Despite a challenging market environment, the company managed to reduce its net loss significantly by 67.1% to A$19.0 million. The company declared a final dividend of 13.0 cents per share, fully franked, reflecting its commitment to returning value to shareholders. Key financial highlights include a 48.1% increase in underlying EBITDA to A$430.0 million and a 198.0% rise in underlying EBIT to A$174.9 million. The company also reported a substantial improvement in free cash flow, which turned positive at A$106.8 million, compared to a negative A$41.7 million in the previous year. Looking ahead, Sims Limited remains optimistic about its long-term prospects, driven by growing demand for recycled materials and strategic investments in its operations. The company expects continued strength in non-ferrous markets and benefits from tariffs supporting domestic demand in the US, although challenges from Chinese steel exports persist.