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Southern Cross Electrical Engineering Limited ( (AU:SXE) ) has issued an announcement.
Southern Cross Electrical Engineering Limited (SCEE) has demonstrated significant growth and diversification, both geographically and across market sectors, with a strong focus on infrastructure and renewables. The company’s strategic acquisitions have played a crucial role in its revenue increase and expansion into new sectors, enhancing its industry positioning and offering promising returns for stakeholders.
The most recent analyst rating on (AU:SXE) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Southern Cross Electrical Engineering Limited stock, see the AU:SXE Stock Forecast page.
More about Southern Cross Electrical Engineering Limited
Southern Cross Electrical Engineering Limited (SCEE) is a leading and trusted national provider and manufacturer of specialized electrical, instrumentation, communications, security, fire, and maintenance services and products. Established in 1978 and listed on the ASX in 2007, SCEE operates across three broad market sectors: Infrastructure, Commercial, and Resources. The company has a diversified geographical presence, with over 75% of its order book on the East Coast, and a diversified revenue stream with 80% from electrical services and 20% from other disciplines. SCEE has a successful track record of acquisitions, including Datatel, Heyday, the Trivantage Group, the MDE Group, and Force Fire, which have contributed to its revenue growth from $200 million in FY17 to $800 million in FY25.
YTD Price Performance: 26.71%
Average Trading Volume: 765,144
Technical Sentiment Signal: Buy
Current Market Cap: A$517.9M
See more data about SXE stock on TipRanks’ Stock Analysis page.