Sims Metal Management back in the black in the 2016/17 financial year

Higher Ebit and lower revenues from WEEE recycling operations

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(WW) – One year after booking a loss in the low hundreds of millions, the global recycling group Sims Metal Management has announced its return to profitability. Towards the end of August, the company reported a net profit of AUD203.6m (ca. €137m) for the 2016/17 financial year, which ended on 30 June. Twelve ...

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