Sims Ltd operates within the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sims Ltd with three other
steel companies in Australasia:
Steel & Tube Holdings Limited
of NEW ZEALAND
(2020
sales of 417.92 million New Zealand Dollars [US$298.31 million]
of which 59%
was Distribution),
Bluescope Steel Limited
(11.32 billion Australian Dollars [US$8.73 billion]
of which 48%
was Australian Steel Products), and
Bisalloy Steel Group Ltd
(110.72 million Australian Dollars [US$85.37 million]
of which 84%
was Austrlia).
Sales Analysis.
During the second
fiscal
quarter of 2021, sales at Sims Ltd totalled
A$2.46 billion.
This is a drop of 9.5%
from the A$2.71 billion in sales at the company during the second quarter in 2020.
During the year ended June of 2020, sales at
Sims Ltd were A$4.92 billion (US$3.79 billion).
This
is
a
sharp
decrease of 26.1%
versus 2019, when the company's sales were A$6.65 billion.
Contributing to the drop in overall sales was the 45.2% decline
in Sls, from A$746.60 million to A$409.00 million.
There were also decreases in sales in
Nam (down 24.3% to A$2.07 billion)
and
Anz (down 23.2% to A$925.70 million)
and
Global Trading (down 20.3% to A$550.80 million)
.
However, these declines were partially offset by the increase in sales of
Unallocated (up 4.9% to A$94.40 million)
.