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Southern Cross Electrical Engineering Limited ( (AU:SXE) ) has provided an announcement.
Southern Cross Electrical Engineering Limited (SCEE) has significantly expanded its operations and revenues through a disciplined mergers and acquisitions strategy, growing from $200 million in FY17 to over $550 million in FY24. The company’s diversification into sectors such as transport, infrastructure, defence, utilities, and renewables, along with its focus on recurring revenue growth and long-term blue-chip client base, positions it strongly in the market and supports continued financial strength and shareholder returns.
More about Southern Cross Electrical Engineering Limited
Southern Cross Electrical Engineering Limited (SCEE) is a leading national provider and manufacturer of specialized electrical, instrumentation, communications, security, and maintenance services and products. Established in 1978 in Perth and listed on ASX in 2007, SCEE operates across three broad market sectors: Infrastructure, Commercial, and Resources, with a significant focus on the East Coast. The company has diversified its operations through strategic acquisitions and serves a wide range of sectors including education, health, government, transport, and retail.
YTD Price Performance: 1.10%
Average Trading Volume: 5,330
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €245.8M
Learn more about SXE stock on TipRanks’ Stock Analysis page.
