Company News Summary | 27 Mar 2020

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Sims Reports Net Loss of $91.1m for Half-Year to 31 December 2019

20:44:00 | Associate analysts

Original annuncemenet:Half Yearly Report and Accounts

Sims reported net loss of $91.1m for the half-year ended 31 December 2019. Revenue from ordinary activities were $2,709.6m, down 18.7% from last year. Diluted EPS was (44.9) cents compared to 37.6 cents last year. The net operating cash outflow was $34.1m compared to $20m last year. The interim dividend declared was 6 cents, compared with 23 cents last year.

Sims Half Year Results to 31 December 2019

6 Months to 31 December 2019 ($A'000) 6 Months to 31 December 2018 ($A'000)
Revenue 2,709,600 3,334,100
Pre-Tax Profit (Loss) (102,700) 106,000
Net Profit (Loss) (91,100) 76,500
Operating Cash Flow (34,100) 20,000
Interim Dividends (cents) 6 23
Diluted EPS (cents) (44.9) 37.1
NTA (cents) 1,017 1,015
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