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SXE — Southern Cross Electrical Engineering News Story

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Brief: Southern Cross Electrical Engineering Acquires Entire

BRIEF-Southern Cross Electrical Engineering Acquires Entire

- Southern Cross Electrical Engineering Ltd SXE.AX:

  • ACQUISITION OF ENTIRE

  • DEAL VALUED UP TO A$112.1 MILLION WITH A$70 MILLION UPFRONT AND A$42.1 MILLION EARN OUTS

  • ENTIRE ANTICIPATED TO GENERATE EBIT OF AT LEAST A$17 MILLION PER ANNUM

  • FY27 EBITDA GUIDANCE INCREASED TO AT LEAST A$110 MILLION INCLUDING ENTIRE CONTRIBUTION


Further company coverage: SXE.AX


((Reuters.Briefs@thomsonreuters.com;))

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