Sims (ASX:SGM) said its segment, Sims Lifecycle Services, is on track to deliver about AU$30 million in earnings before interest and tax (EBIT) in fiscal 2025, according to a Wednesday Australian bourse filing.
EBIT in the company's North American unit is expected to remain resilient in the second half of the fiscal year, the filing said.
The company's shares rose nearly 1% in recent Wednesday trade.
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