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Update: Southern Cross Electrical Engineering Fiscal 2026 Underlying Earnings Up, Revenue Down; Shares Fall 3%

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(Updates with the stock movement in the headline and last paragraph.)

Southern Cross Electrical Engineering (ASX:SXE) logged AU$0.179 in underlying earnings per share for the fiscal 2026, compared with AU$0.14 a year ago, a Wednesday filing showed.

For the 12 months ended June 30, revenue was AU$718.7 million versus AU$801.5 million previously, the Australia-listed engineering services provider added.

The board declared a final dividend of AU$0.075 per share, up from AU$0.05 a year earlier, payable Oct. 7 to shareholders on record as of Sept. 23.

The company expects fiscal 2027 earnings before interest, taxes, depreciation, and amortization (EBITDA) to reach at least AU$100 million, representing a 30% increase on fiscal 2026 underlying EBITDA.

Southern Cross Electrical shares fell 3% in recent Wednesday trade.

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