Sims Metal Management back in the black in 2014/15 financial year

Additional cost-cutting measures planned this year

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(WW) – Streamlining and cost-cutting actions put in place by the international recycling group Sims Metal Management are bearing fruit. In late August, the company reported a profit after tax of AUD110m (€71m) for its 2014/15 financial year, which ended on 30 June. One year earlier, the firm posted a net loss of ...

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