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Sims Limited Raises FY26 EBIT Forecast on North American Metals Strength

8:17am on Wednesday 17th of June, 2026 AEST Materials
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Sims Limited Raises FY26 EBIT Forecast on North American Metals Strength

8:17am on Wednesday 17th of June, 2026 AEST
Key Points
  • FY26 underlying EBIT guidance raised to $420-$435 million
  • Strong second-half earnings expected from North American Metal businesses
  • Lifecycle Services benefits from global data centre growth trends
  • Ferrous market subdued in ANZ due to Chinese steel exports
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