Sims Sees Further Cost Reduction Measures For 2h Fy23

T-Reuters
08 Nov 2022

Sims :Trading Update-I8M.F.Further Cost Reduction Measures Are Targeted For 2H Fy23.Continues To Be Cautious In Short-Term Outlook.Continues To Be Cautious In Short-Term Outlook.Underlying Ebit For 1H Fy23 Is Forecast To Be In Range Of A$65 Million To A$75 Million.Forecast Fy23 Sustaining Capex Of A$170 Million, A$50 Million Lower Than Previous Forecast Of A$220 Million.Company Remains Well Positioned For When Market Recovers.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10