Australia's Southern Cross jumps on award of contracts for total $45.6 million

Southern Cross Electrical Engineering

17/06/2025 02:16

** Shares of Southern Cross Engineering SXE.AX rise 7% to A$1.765, their highest level since June 2

** Electrical services co's unit awarded with range of projects totalling over A$70 mln ($45.57 mln)

** Contracts include two major packages of works critical for airport operations, others

** Stock up 12.8% this year, including the day's move

($1 = 1.5361 Australian dollars)

(Reporting by Shivangi Lahiri in Bengaluru)

((shivangi.lahiri@thomsonreuters.com))