H1 FY26 Results Presentation
| Stock | Southern Cross Media Group Ltd (SXL.ASX) |
|---|---|
| Release Time | 24 Feb 2026, 8:16 a.m. |
| Price Sensitive | Yes |
Southern Cross Media Group Ltd Reports H1 FY26 Results
- Merger update and highlights of pro forma group H1 FY26 results
- SCA H1 FY26 results show strong earnings growth, cost discipline and improved balance sheet
- Seven West Media H1 FY26 results demonstrate record TV revenue share and continued operating cost and capital discipline
Southern Cross Media Group Ltd has reported its H1 FY26 results, providing an update on the merger with Seven West Media and the pro forma group performance. The pro forma financials show revenue of $1,008m, down 1.5% on the prior corresponding period, with EBITDA of $106.9m, down 14.5%, and NPAT of $34.7m, down 16.6%. Both companies have demonstrated disciplined financial management, with Seven West Media achieving record total TV revenue share and continued operating cost and capital discipline, while SCA has delivered strong earnings growth, cost discipline and an improved balance sheet position. The merger is expected to deliver at least $30m of cost synergies in FY27. Looking ahead, the group remains focused on debt reduction, with no interim dividend declared.