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An update from Southern Cross Electrical Engineering Limited ( (AU:SXE) ) is now available.
Southern Cross Electrical Engineering Limited announced record financial results for the fiscal year 2025, with significant increases in revenue, profitability, and cash balance. The company completed a strategic acquisition of Force Fire to enhance its service offerings and is actively seeking further acquisitions to diversify geographically and expand capabilities. The company anticipates continued growth in EBITDA for FY26, driven by high demand for data centers and renewable energy investments, positioning itself strongly in these sectors.
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 operates in the electrical engineering industry, providing a range of services including communications, security, manufacturing, and fire safety solutions. The company focuses on expanding its capabilities and market presence through strategic acquisitions, particularly in non-electrical disciplines, and has a strong presence on Australia’s East Coast.
YTD Price Performance: 49.04%
Average Trading Volume: 805,788
Technical Sentiment Signal: Buy
Current Market Cap: A$595.8M
For an in-depth examination of SXE stock, go to TipRanks’ Overview page.