(WW) – The global scrap recycling group Sims Metal Management recorded rising tonnages and turnover in the first half of its 2011/12 financial year, but closed the period with a three-digit million loss. It is due to goodwill impairment charges totalling AUD614m, which arose primarily in the group’s North American ...
Sims Metal Management closes first half of financial year with significant loss
Recycling group “deeply disappointed” by results in North America
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