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Sims Reports 2021 Half Year Results

16 Feb 2021  |  08:36:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: 1HFY21 Results Release

Sims reported sales revenue of $2,452.0m, a decrease of 9.5% from pcp. Statutory EBIT of $78.5m, up $173.7m from pcp. Underlying EBIT of $56.4m, up $79.6m from pcp. Interim dividend is of 12.0 cps, fully franked. The Net cash position is of $165.4m as at 31 December 2020. An underlying NPAT of $37.3m resulted in an underlying diluted profit per share of 18.5c for 1H FY 2021.

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