Southern Cross Electrical Engineering Limited · ASX:SXE
Southern Cross Electrical Engineering — FY2026 Earnings Presentation
28 slides from Southern Cross Electrical Engineering's earnings presentation, Aug 19, 2026
Slide 1: Full Year Results Presentation
Full Year Results Presentation Year Ended 30 June 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 • Our growth strategy continues to be to deepen our presence in those sectors and broaden our geographic diversity through expandi
Slide 4: FY26 Financial Results
Full Year Results Presentation FY26 4 4 FY26 Financial Results
Slide 5: Financials
Financials Underlying EBITDA $77.0m (FY25: $54.8m) up 40.5% on record prior year* 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 prior year* Underl
Slide 6: 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 Ongoing significant revenue contributors are NEXTDC S3 and DigiCo FY26 FY25 % data centres, Atlassian building, Shoalhaven Hospital, o
Slide 7: Revenue
Revenue Revenue by Sector Revenue by Geography Revenue by Discipline $m $m $m • 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 contribution from F
Slide 8: 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 conversion to cash and working capital management Jun 26 Jun 25 Successful gross $150m institutional placement completed in June 2026 with s
Slide 9: 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 • Acquisition deferred consideration payments of $4.7m • Settlement pay-out and legal fees on WestConnex arbitration proceedings of $26.6m • Capital raise with net
Slide 10: Record order book
Record order book Order Book by Sector Order Book by Geography Order Book by Discipline $m $m $m • 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 FY26 810 810 810 85
Slide 11: Operations and outlook
Full Year Results Presentation FY26 11 11 Operations and outlook
Slide 12: Operations and outlook
Operations and outlook Lost Time Injury (“LTI”) free for fourth consecutive year (FY26: 2.9m manhours LTI-free) Workforce at circa 1,700 direct employees including 250 apprentices Co-location into new Brisbane premises completed Trivantage Manufacturing doubled floor space to 17,000m2 in FY26 with t
Slide 13: Positioning for growth
Full Year Results Presentation FY26 13 13 Positioning for growth
Slide 14: Positioning for growth
Positioning for growth SCEE positioning for significant short, medium and long-term growth through exposure to structural tailwinds of data centres, infrastructure, energy and electrification Structural tailwinds forecast to have considerable longevity driven by AI development, general Australian po
Slide 15: Multi-disciplinary offerings
Multi-disciplinary offerings The existing and planned further diversification of the group enables SCEE to submit to clients multi-disciplinary offerings and access a larger share of project spend Overlapping client bases of SCEE businesses lead to sharing of market insights, business development co
Slide 16: Data centres
Data centres SCEE businesses have worked on data centres for over twenty years, and the sector is in unprecedented growth. SCEE Group’s breadth and depth of client base and services offerings amongst the strongest in the Australian data centre market Australian data centre capacity is expected to do
Slide 17: Infrastructure
Infrastructure Infrastructure very wide sector across government and private investment. Apart from data centres, renewables, and energy, this sector also includes for SCEE transport (airports, rail, road, and ports), health and aged care, defence, education, agriculture, water, and utilities Strong
Slide 18: Renewables and electrification
Renewables and electrification Australia’s energy transition requires investment in renewables, grid reconfiguration, and electrification of many activities by 2050 SCEE participates in this thematic having constructed multiple solar farms, wind farms, and Battery Energy Storage Systems: • Successfu
Slide 19: Investment proposition
Full Year Results Presentation FY26 19 19 Investment proposition
Slide 20: Long term earnings growth
Long term earnings growth FY27 EBITDA guidance forecasting at least $100m would represent 30% growth on FY26 Underlying EBITDA* EBITDA EBIT EPS $m $m cps CAGR CAGR CAGR 21.1% 23.6% 21.5% 64.4 14.8 77.0 Full Year Results Presentation FY26 12.0 45.9 54.8 8.3 32.7 7.7 40.1 35.3 38.2 26.7 29.6 6.1 29.6
Slide 21: Growth of recurring revenues
Growth of recurring revenues Strong track record of recurring revenues growth Wide range of recurring works under services, maintenance, sustaining capital, and framework 31% of FY26 revenues recurring agreements, including: Recurring Revenues ($m) • Supermarket works for Woolworths and Coles • SEME
Slide 22: 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 Revenue ($m) Offers access to communications
Slide 23: Conclusion
Full Year Results Presentation FY26 23 23 Conclusion
Slide 24: Conclusion
Conclusion Underlying EBITDA $77.0m (FY25: $54.8m) up 40.5% on record prior year* 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 2025: $685m) up 18.2%
Slide 25: Appendices
Full Year Results Presentation FY26 25 25 Appendices
Slide 26: Appendix 1 – IFRS reconciliation
Appendix 1 – IFRS reconciliation SCEE’s results are reported under International FY26 FY25 Financial Reporting Standards (IFRS). SCEE discloses certain non-IFRS measures that are not prepared in $m $m accordance with IFRS. The non-IFRS measures should only be considered in addition to, and not as a
Slide 27: Appendix 2 - Corporate summary
Appendix 2 - Corporate summary 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) $1,425.9m Directors
Slide 28: Disclaimer
Disclaimer Some of the information contained in this presentation contains “forward-looking statements” which may not directly or exclusively relate to historical facts. These forward-looking statements reflect the current intentions, plans, expectations, assumptions and beliefs of Southern Cross El
Southern Cross Electrical Engineering — FY2026 Earnings Presentation on 6ix