Southern Cross Electrical Engineering Limited · ASX:SXE
Southern Cross Electrical Engineering — Shareholder Meeting (October 2026)
33 slides from Southern Cross Electrical Engineering's shareholder meeting presentation, Oct 27, 2026
Slide 1: 2026 Annual General Meeting – Managing Director's Presentation
personal use only 2026 Annual General Meeting Managing Director’s Presentation 27 October 2026
Slide 2: Introduction to SCEE
Introduction to SCEE Leading and trusted national provider and …operating through a portfolio of businesses: manufacturer of specialised electrical, instrumentation, communications, security, fire, Historically focused on resources and industrial work, but now also diversified into infrastructure an
Slide 3: SCEE's strategy
SCEE’s strategy SCEE sees electrical contracting as its core capability whilst increasingly diversifying into adjacent disciplines and servicing a broad range of sectors personal use only • Our growth strategy continues to be to deepen our presence in those sectors and broaden our geographic diversi
Slide 4: Acquisition of Entire
Investor Presentation - AGM 2026 4 4 Acquisition of Entire personal use only
Slide 5: Overview of Entire
Overview of Entire Entire is a leading provider of integrated mechanical (HVAC) and fire protection services, from engineering and design through to maintenance, with exposure to a diverse range of attractive end markets personal use only Business Overview Highlights ~$191m FY26 revenue ~$17.5m FY26
Slide 6: Acquisition overview
Acquisition overview • SCEE has entered into a Share Purchase Agreement to acquire 100% of Entire Operations Pty Ltd (“Entire”) for a total consideration of up to $112.1m on a cash-free debt-free basis, made up as follows: personal use only ‒ $70.0m cash payable on completion ‒ Up to $25.8m in Defer
Slide 7: Strategic rationale
Strategic rationale The acquisition aligns with SCEE’s M&A strategy offering further geographic diversification, expansion into existing and new adjacent disciplines, and increased exposure to recurring services and maintenance works personal use only • Continued expansion of SCEE’s fire protection
Slide 8: FY26 Financial Results
Investor Presentation - AGM 2026 8 8 FY26 Financial Results personal use only
Slide 9: Financials
Financials Underlying EBITDA $77.0m (FY25: $54.8m) up 40.5% on record prior year* personal use only Underlying EBIT $64.4m (FY25: $45.9m) up 40.3% on record prior year* Underlying EBIT included $4.4m (FY25: $2.7m) for acquisition amortisation Underlying NPAT $39.4m (FY25: $31.7m) up 24.3% on record
Slide 10: Profit and loss
Profit and loss Revenue $718.7m (FY25: $801.5m) down 10.3% on prior record year Summary financials: as Collie BESS and Western Sydney Airport Terminal finished in H1 personal use only Ongoing significant revenue contributors are NEXTDC S3 and DigiCo FY26 FY25 % data centres, Atlassian building, Shoa
Slide 11: Revenue
Revenue Revenue by Sector Revenue by Geography Revenue by Discipline $m $m $m personal use only • Revenue down 10% as CBESS completed • WA down as CBESS completed in H1 • Over 40% from adjacent non- in H1 electrical disciplines • Over 75% of revenue in eastern states • Commercial up with full year c
Slide 12: Balance sheet
Balance sheet Cash increased to $261.5m (30 June 2025: $88.6m) mainly driven by Balance sheet summary: capital raise net proceeds of $144.7m, and strong EBITDA personal use only conversion to cash and working capital management Jun 26 Jun 25 Successful gross $150m institutional placement completed i
Slide 13: Cash flow
Cash flow Strong conversion of EBITDA to cash and significant items in the year also include: • Record total dividends pay-out of $18.9m personal use only • Acquisition deferred consideration payments of $4.7m • Settlement pay-out and legal fees on WestConnex arbitration proceedings of $26.6m • Capi
Slide 14: Record order book
Record order book Order Book by Sector Order Book by Geography Order Book by Discipline $m $m $m personal use only • Record order book up 18% • All eastern states grown • Circa 30% of order book now in • Commercial growth from Force Fire adjacent non-electrical disciplines FY25 FY26 FY25 FY26 FY25 F
Slide 15: Operations and outlook
Investor Presentation - AGM 2026 15 15 Operations and outlook personal use only
Slide 16: Operations and outlook
Operations and outlook Lost Time Injury (“LTI”) free for fourth consecutive year (FY26: 2.9m manhours LTI-free) Workforce (including Entire) at circa 2,200 direct employees including almost 300 apprentices personal use only Co-location into new Brisbane premises completed Trivantage Manufacturing do
Slide 17: Positioning for growth
Investor Presentation - AGM 2026 17 17 Positioning for growth personal use only
Slide 18: Positioning for growth
Positioning for growth SCEE positioning for significant short, medium and long-term growth through exposure to structural tailwinds of data centres, personal use only infrastructure, energy and electrification SCEE intends to maximise both organic growth and acquisitive growth Guiding to at least 40
Slide 19: Multi-disciplinary offerings
Multi-disciplinary offerings The existing and planned further diversification of the group enables SCEE to submit multi-disciplinary offerings to clients and personal use only access a larger share of project spend Overlapping client bases of SCEE businesses lead to sharing of market insights, busin
Slide 20: Data centres
Data centres SCEE businesses have worked on data centres for over twenty years, and the sector is in unprecedented growth despite recent high- personal use only profile corporate events. SCEE Group’s breadth and depth of client base and services offerings amongst the strongest in the Australian data
Slide 21: Infrastructure
Infrastructure Infrastructure very wide sector across government and private investment. Apart from data centres, renewables, and energy, this personal use only sector also includes for SCEE transport (airports, rail, road, and ports), health and aged care, defence, education, agriculture, water, an
Slide 22: Renewables and electrification
Renewables and electrification Australia’s energy transition requires investment in renewables and cleaner energy sources, grid reconfiguration, and electrification of personal use only many activities by 2050 SCEE participates in this thematic having constructed multiple solar farms, wind farms, Ba
Slide 23: Investment proposition
Investor Presentation - AGM 2026 23 23 Investment proposition personal use only
Slide 24: Long term earnings growth
Long term earnings growth FY27 EBITDA guidance forecasting at least $110m would represent over 40% growth on FY26 Underlying EBITDA* personal use only EBITDA EBIT EPS $m $m cps CAGR CAGR CAGR 21.1% 23.6% 21.5% 64.4 14.8 77.0 Investor Presentation - AGM 2026 12.0 45.9 54.8 8.3 32.7 7.7 40.1 35.3 38.2
Slide 25: Growth of recurring revenues
Growth of recurring revenues Strong track record of recurring revenues growth Wide range of recurring works under services, maintenance, sustaining capital, and framework 31% of FY26 revenues recurring personal use only agreements, including: Recurring Revenues ($m) • Supermarket works for Woolworth
Slide 26: Track record of successful acquisitions
Track record of successful acquisitions Completed value-accretive acquisitions of Datatel in 2016, Revenue contribution of acquisition in first full year of Heyday in 2017, Trivantage Group in 2020, MDE Group in consolidation 2024, and Force Fire in 2025. Announced Entire in 2026 personal use only R
Slide 27: Conclusion
Investor Presentation - AGM 2026 27 27 Conclusion personal use only
Slide 28: Conclusion
Conclusion Underlying EBITDA $77.0m (FY25: $54.8m) up 40.5% on record prior year* personal use only Underlying EBIT $64.4m (FY25: $45.9m) up 40.3% on record prior year* Record Cash $261.5m (30 June 2025: $88.6m) strong cash collection and $144.7m net equity raise Record Order Book $810m (30 June 202
Slide 29: Appendices
Investor Presentation - AGM 2026 29 29 Appendices personal use only
Slide 30: Appendix – IFRS reconciliation
Appendix 1 – IFRS reconciliation SCEE’s results are reported under International FY26 FY25 Financial Reporting Standards (IFRS). SCEE discloses personal use only certain non-IFRS measures that are not prepared in $m $m accordance with IFRS. The non-IFRS measures should only be considered in addition
Slide 31: Appendix - Corporate summary
Appendix 2 - Corporate summary personal use only Capital Structure Shareholders at 6 August 2026 ASX Code SXE Thorney 5.3% Share Price (17 August 2026) $4.64 Other institutional investors 47.1% No. of ordinary shares (17 August 2026) 307.3m Frank Tomasi 13.0% Market Capitalisation (17 August 2026) $
Slide 32: Appendix – Entire detailed transaction terms
Appendix 3 – Entire detailed transaction terms • Acquisition of 100% of the issued share capital of Entire Operations Pty Ltd • Subject to standard conditions for a transaction of this nature Acquisition • Due diligence finalised personal use only • Anticipating completion in November with effective
Slide 33: Disclaimer
Disclaimer Some of the information contained in this presentation contains “forward-looking statements” which may not directly or exclusively relate to historical personal use only facts. These forward-looking statements reflect the current intentions, plans, expectations, assumptions and beliefs of
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