Sentiment Trading

Southern Cross Media Group Ltd has reported a strong financial performance for FY25, with revenue growth of 5.0%, EBITDA increase of 39.4%, and a net profit after tax of $15.1 million.

Southern Cross Media Group has finalized its exit from the television sector, selling its remaining assets to Seven West Media and focusing on its core audio business.

Southern Cross Media Group has completed its exit from the television sector, selling its remaining assets to Seven West Media for $3.75 million, marking a strategic shift towards an ‘All About Audio’ focus.