SCEE Showcases Strong Revenue Growth and Diversification

Southern Cross Electrical Engineering Limited (AU:SXE) has released an update.

Southern Cross Electrical Engineering Limited (SCEE), a renowned service provider in electrical, instrumentation, and communications since 1978, has significantly expanded its operations across various sectors including infrastructure, commercial, and resources, with a strong presence on the East Coast. The company has a proven track record of growth, with revenues increasing from $200 million in FY17 to over $550 million in FY24, achieved through strategic acquisitions and diversification into areas like transport, infrastructure, and renewables. SCEE’s financial strength is underscored by its long-standing blue-chip client base and consistent shareholder returns.

For further insights into AU:SXE stock, check out TipRanks’ Stock Analysis page.