Sims Ltd 2004 AR2
The report highlights Sims Group Limited's record financial and operational performance for the fiscal year ended June 30, 2004. The company achieved a record operating profit after tax of A$112.5 million, representing a 50% increase from the previous year, driven by strong global demand and high ferrous metal prices. Sims Group expanded its operations through key acquisitions, including Australia's largest tyre recycler, Tyrecycle, and the Bay Bridge business in Virginia, USA. Additionally, the company improved its safety performance, reducing its global lost time injury frequency rate from 11 to 8.
Company: Sims Ltd
Sector: Materials
Country: Australia
Year: 2004
Type: AR2
Pages: 92
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Sims Ltd
Annual Report
The report highlights Sims Group Limited's record financial and operational performance for the fiscal year ended June 30, 2004. The company achieved a record operating profit after tax of A$112.5 million, representing a 50% increase from the previous year, driven by strong global demand and high ferrous metal prices. Sims Group expanded its operations through key acquisitions, including Australia's largest tyre recycler, Tyrecycle, and the Bay Bridge business in Virginia, USA. Additionally, the company improved its safety performance, reducing its global lost time injury frequency rate from 11 to 8.
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Document Details
Report Year
2004
Reporting Period
Jul 1, 2003 - Jun 30, 2004
Fiscal Year
2004
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees