Full year results announcement
Stock | Southern Cross Electrical Engineering Ltd (SXE.ASX) |
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Release Time | 20 Aug 2025, 8:11 a.m. |
Price Sensitive | Yes |
Southern Cross Electrical Engineering reports record full year results
- Record revenue of $801.5m, up 45.2% on prior year
- Record EBITDA of $54.8m up 36.6%, record EBIT of $45.9m up 40.4% and record NPAT of $31.7m up 44.5% on record prior year
- Record year-end cash $86.8m, up 5.3% on record prior year
Southern Cross Electrical Engineering Limited ('SCEE Group') has released its results for the year ended 30 June 2025, reporting record revenue of $801.5m, up 45.2% on the prior year. The infrastructure sector was the largest contributor, with revenue up 118.9% to $511.6m. The group also completed the acquisition of Force Fire, a leading provider of fire safety solutions, in April 2025. Gross profit for the year was $105.9m, up 28.1%, with gross margins of 13.2%. Overheads of $52.8m were up from $43.3m in the prior year, but decreased as a percentage of revenue to 6.6%. EBITDA, EBIT and NPAT were all record highs, up 36.6%, 40.4% and 44.5% respectively. The group ended the year with a record cash balance of $86.8m and is debt-free. The Board has declared a fully franked final dividend of 5.0 cents per share, taking the total FY25 dividends to 7.5 cents per share, up 25% on the prior year. The group's order book remained strong at $685m at 30 June 2025, with the infrastructure sector making up two-thirds of the order book.
The group is anticipating further growth in FY26 with EBITDA in the range of $65m-68m, growing 18-24% on FY25 EBITDA.
The group sees continued growth opportunities across its infrastructure, commercial, and resources sectors, particularly in areas such as data centres, renewable energy, and healthcare. The acquisition of Force Fire is expected to provide additional growth opportunities through cross-selling and geographic expansion in the fire safety market.