Investor Roadshow Presentation

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Stock Southern Cross Electrical Engineering Ltd (SXE.ASX)
Release Time 9 Mar 2026, 8:12 a.m.
Price Sensitive Yes
 Southern Cross Electrical Engineering Ltd Investor Roadshow Presentation
Key Points
  • Leading and trusted national provider and manufacturer of electrical, instrumentation, communications, security, fire, and maintenance services and products
  • Diversified across multiple market sectors and geographies with 85% of order book on East Coast
  • Strong track record of successful acquisitions and diversification into adjacent disciplines
Full Summary

Southern Cross Electrical Engineering Ltd (SXE.ASX) is a leading and trusted national provider and manufacturer of specialised electrical, instrumentation, communications, security, fire, and maintenance services and products. Established in 1978 and listed in 2007, the company has a diversified business model across multiple market sectors and geographies, with 85% of its order book on the East Coast. The company has a successful track record of acquisitions, including Datatel in 2016, Heyday in 2017, the Trivantage Group in 2020, the MDE Group in 2024, and Force Fire in 2025. Over the last nine years, the company has materially grown its revenues from $200m in FY17 to $800m in FY25. In H1 FY26, the company reported a 30.8% increase in underlying EBITDA to $35.4m and a 25.5% increase in underlying EBIT to $29.1m, despite a 12.2% decrease in revenue due to the winding up of the Collie BESS and Western Sydney International Airport Terminal projects. The company's order book grew 6% to $710m, with 85% of the order book on the East Coast and 40% of revenues now coming from adjacent non-electrical disciplines. The company is actively exploring acquisition targets offering further geographic diversification and new capabilities, and is focused on maximizing the synergies and cross-selling opportunities created by its increasing diversification and multi-disciplinary nature.

Guidance

Underlying FY26 EBITDA guidance raised to at least $72m, representing 31% growth on FY25 EBITDA.

Outlook

The company sees significant opportunities across its operations, including in the data centre, infrastructure, renewables, and electrification sectors. It is also focused on growing its recurring revenue streams and continuing to diversify its service offerings through both organic and inorganic growth.