FY26 Results Presentation

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Stock Sims Ltd (SGM.ASX)
Release Time 18 Aug 2026, 8:13 a.m.
Price Sensitive Yes
 Sims Ltd FY26 Results Presentation
Key Points
  • Sims Ltd reported a 6.9% increase in sales revenue to A$8,007.5 million.
  • Underlying EBIT surged by 167.6% to A$468.0 million.
  • Net assets increased to A$2.7 billion, with a final dividend of 20.0 cents per share.
  • Strong performance in non-ferrous markets and DDR4 memory pricing.
  • Commitment to sustainability with a 7-10% emissions reduction target by 2030.
Full Summary

Sims Ltd reported a 6.9% increase in sales revenue to A$8,007.5 million for FY26. The underlying EBIT rose by 167.6% to A$468.0 million, driven by improvements in metal margins, positive non-ferrous markets, and strong cost management. The company's sustainability efforts include a commitment to a 7-10% emissions reduction by 2030, with a focus on achieving net zero emissions by 2050. The net assets increased to A$2.7 billion, and the final dividend was set at 20.0 cents per share, fully franked.

Guidance

Underlying EBIT up 167.6% to A$468.0 million, Sales Revenue up 6.9% to A$8,007.5 million

Outlook

Sims Ltd is committed to achieving a 7-10% emissions reduction by 2030 and aims for net zero emissions by 2050, with continued focus on sustainability and market growth.