Southern Cross Electrical Engineering Ltd

SXE.ASX

Industrials

Leading and trusted national provider of specialised electrical, instrumentation, communications, security, fire and maintenance services and products

Market Data

Price

$4.080

+0.0%
Market Cap

$1.1B

P/E Ratio

409.5x

EPS

$0.010

Div. Yield

1.84%

52-Week Change

+0.4%

Latest Earnings

Half Year Results Announcement

18 February 2026

Revenue
$349.10
-12.2% YoY
NPAT
-$12.80
Dividend
$0.03

SCEE delivered strong operational performance with underlying EBITDA up 30.8% to $35.4m and underlying EBIT up 25.5% to $29.1m, but reported a $12.8m NPAT loss due to $46.1m in WestConnex arbitration costs. The company raised FY26 EBITDA guidance to at least $72m and highlighted an unprecedented pipeline of data centre projects worth over $1bn in tender. Key points: Record half-year gross profit of $65.9m, up 30.3% with improved margin to 18.9%; Strong underlying performance with EBITDA up 30.8% and EBIT up 25.5%; Order book of $710m up 6% with over 85% now on East Coast

Recent Announcements

18 Feb 2026 Sph Neutral

Ceasing to be a substantial holder from PPT

PPT ceased to be a substantial holder.

18 Feb 2026 Actual Results Positive

Half Year Results Announcement

SCEE delivered strong operational performance with underlying EBITDA up 30.8% to $35.4m and underlying EBIT up 25.5% to $29.1m, but reported a $12.8m NPAT loss due to $46.1m in WestConnex arbitration costs. The company raised FY26 EBITDA guidance to at least $72m and highlighted an unprecedented pipeline of data centre projects worth over $1bn in tender. Key points: Record half-year gross profit of $65.9m, up 30.3% with improved margin to 18.9%; Strong underlying performance with EBITDA up 30.8% and EBIT up 25.5%; Order book of $710m up 6% with over 85% now on East Coast

18 Feb 2026 Actual Results Negative

Appendix 4D

Southern Cross Electrical Engineering reported a challenging half year with revenue declining 12.2% to $349.1M and swinging to a $12.8M statutory loss from $16.2M profit previously. Despite operational improvements with underlying EBITDA up 30.8%, the company was impacted by significant $46.1M WestConnex dispute costs, though it maintained its 2.5 cent fully franked dividend. Key points: Strong underlying operational performance with EBITDA up 30.8% to $35.4M; Underlying EBIT improved 25.5% to $29.1M showing business resilience; Maintained 2.5 cent fully franked interim dividend despite challenges

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