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MELBOURNE, May 1 Asia Pulse - Scrap metal recycler Sims Group Ltd (ASX:SGM) says its outlook for the fourth quarter is strong, after its profit after tax rose 11 per cent to $A55.2 million ($US45.75 million) in the three months to March.
Sims also said it is expecting full year earnings of between million and $245 million, subject to buying price targets being achieved and no further adverse movements in currency and freight.
SP Telemedia said last month it had received a non-binding proposal from PBL Media, Publishing and Broadcasting Ltd's new media group.
NBN Television is an independent affiliate of the Nine Network and its market share stretches across New South Wales and Queensland and is the fourth largest market in Australia behind Sydney, Melbourne and Brisbane.
The company said ...
Source: HighBeam Research, AUSTRALIA'S SIMS GROUP REAFFIRMS OUTLOOK FOR Q4.