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Earnings Analysis: 
Sims Group Profit Declines 9.5%
Author: 123jump.com Staff
123jump.com
Last Update: 7:52 PM EST February 22 2008



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Sims Group Limited reported fiscal 2008 first half profit decline of 9.5% from a year ago to $102.2 million on sales rise of 4% to $2.73 billion. Earnings before interest, tax, depreciation and amortization were 3.6% lower at $211.3 million from the year ago. Net profit after tax was lower at 9.5% from a year ago to $102.2 million and earnings per share declined 10.5% to 81.1 cents. Interim dividend was lowered to 55 cents from 60 cents a year ago.

 

 

 

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