Brief: Southern Cross Media Expects FY26 Underlying EBITDA Of A$185-$190 Million
10/06/2026 23:40
BRIEF-Southern Cross Media Expects FY26 Underlying EBITDA Of A$185-$190 Million June 11 (Reuters) - Southern Cross Media Group Ltd SXL.AX:
FY26 TRADING UPDATE, COST REDUCTION, AND ACCOUNTING MATTERS
EXPECTS FY26 UNDERLYING EBITDA OF A$185-$190 MILLION VERSUS PRIOR A$200-$220 MILLION
EXPECTS FY26 GROUP REVENUE OF A$1860-$1870 MILLION VERSUS PRIOR A$1910-$1920 MILLION
EXPECTS REPORTED FY26 EBITDA OF A$190-$195 MILLION
COMMENCES COST REDUCTION PROGRAM
PROGRAM TO RESULT IN 250-300 FTE LEAVING AND A$20 MILLION FY26 RESTRUCTURING CHARGE
Further company coverage: SXL.AX
((Reuters.Briefs@thomsonreuters.com;))
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Brief: Southern Cross Media Expects FY26 Underlying EBITDA Of A$185-$190 Million
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