Southern Cross Media Group
(ASX:SXL) has seen a 48 per cent lift in its full year net profit to $95 million.
The resuIt reflects the group’s first full 12-month period since the acquisition of the Austereo Group in May last year.
Southern Cross’ chief says its performance is “commendable in a difficult market”.
The radio and television group declared a final fully-franked dividend of 5 cents per share.
