Company Report
Last edited 10 months ago
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#Financials
stale
Last edited 10 months ago

Southern Cross Electrical Engineering announced half year results today.

  • Record half year revenue $397.4m, up 55.5% on PCP


  • Record half year EBITDA of $27.1m up 58.5%, record half year EBIT of $23.2m up 73.7% and record half year NPAT of $16.2m up 67.8% on PCP


  • Fully franked 2.5 cps interim dividend declared, up 150% on prior interim dividend


  • Reiterating FY25 EBITDA guidance of at least $53m with expectations of further growth beyond


Looks good to me. What surprised me the most was cash of $114.8m, no debt, against market cap of circa $400m.