Aluminum Scrap Markets
June 23, 2026
SMU: Sims Ltd ups earnings guidance for fiscal 2026
Written by Stephen Miller
Sims Limited, formerly Sims Metal Management, raised its fiscal year 2026 earnings guidance from its March estimate in an update on June 16.
This most recent report shows underlying EBIT estimated at Australian $420 million-$435 million for FY2026. The previous guidance was A$350 million-$400 million. In FY2025, the underlying EBIT was A$175 million. Sims’ fiscal year runs from July 1 to June 30.
