Southern Cross Media Group FY26 Results
Key points
- Revenue of $1,870 million, down 4.5%
- EBITDA of $200 million including onerous contracts
- Reported NPAT of $9.9 million
- Delivered $30 million of merger synergies a year early
Full summary
Southern Cross Media Group (ASX: SXL) announced its FY26 financial results, showing a 4.5% decline in gross revenue to $1,869.6 million. EBITDA was $200 million, and reported NPAT was $9.9 million. The company delivered $30 million of merger synergies a year ahead of schedule and refinanced its debt into a single $569 million facility. Despite market challenges, Southern Cross Media Group strengthened its market positions across television, audio, and publishing.
Guidance
NPAT of $9.9 million, EBITDA of $200 million, gross revenue of $1,870 million
Outlook
Television revenue tracking flat year-on-year, audio revenue up low single digits, publishing revenue stable year-on-year.
Summary generated by a large language model. Please interpret with care.