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Southern Cross Electrical Engineering Ltd (ASX:SXE)

ALERT: Price-sensitive ASX Announcement for SXE
Current share price for SXE : $4.550 1.67 (57.99%)+
Announcement
Release
9 Mar 2026 8:12AM
Price at Release
$2.880
Full Release
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Summary
Southern Cross Electrical Engineering Ltd (SCEE) held an Investor Roadshow in March 2026, focusing on their diversified operations across core electrical contracting and multi-disciplinary services. The presentation highlighted a significant increase in underlying EBITDA by 30.8% to $35.4 million compared to the previous corresponding period. Despite a net profit after tax loss of $12.8 million due to legal costs from the WestConnex arbitration, the company reported a robust order book of $710 million, indicating a 6% growth year-on-year. SCEE continues to expand its offerings across various sectors, including infrastructure, data centers, renewables, and electrification projects, with a strong focus on geographic and disciplinary diversification through acquisitions. The company has maintained a strong financial position with no debt and expects further growth with an EBITDA guidance of at least $72 million for FY26.
Key Points
  • Underlying EBITDA increased by 30.8% to $35.4 million.
  • Net profit after tax loss of $12.8 million due to WestConnex arbitration costs.
  • Order book growth of 6% year-on-year to $710 million.
  • Continued diversification into infrastructure, data centers, renewables, and electrification.
  • No debt, maintaining strong financial position.
  • FY26 EBITDA guidance of at least $72 million.
  • Strategic acquisitions contributing to geographic and service diversification.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.