Sims:Parts reuse helped offset 2020 cloud challenges

摘要

Sims Lifecycle Services enjoyed a year-over-year profit boost in the latter half of 2020,although COVID-19 slowed the company's push to recycle materials associated with cloud computing.During the second half of calendar year 2020,Sims Lifecycle Services brought in 6.8 million Australian dollars(nearly $5.3 million;all dollar figures below converted to U.S.dollars)in underlying earnings before interest and taxes(EBIT).Tffat number was down substantially from the second half of 2019,but that's because the third quarter 2019 results included a number of European e-scrap recycling businesses that Sims later sold in a $93 million deal.Comparing the results of ITAD businesses Sims owned then and now,the EBIT increased from about $620,000 in the second half of 2019 to $5.3 million in the second half of 2020,or an increase of about 750%.