Southern Cross Electrical Engineering (ASX:SXE) Presentation, FNN Investor Event, October 2017, Sydney

Company Presentations

Southern Cross Electrical Engineering Limited (ASX:SXE) Managing Director & CEO Graeme Dunn discusses the company's FY17 results, its order book and strategy.

Key points:

- Electrical, instrumentation, communication and maintenance services company recognised for industry leading capabilities
- Diversified business with entries into the transport infrastructure, defence, renewables and utilities sectors
- Acquisition of Datatel provided a direct and scalable entry into the telecommunications sector
- The Heyday acquisition, a transformational milestone (from commercial and cultural POV)
- Cash of $40.6 million and negligible debt at 30 June
- Further $9.25 million of cash due to Heyday vendors in September 2017
- Available bank guarantee and surety bond facilities of $75.5 million of which $42.9 million used.
- Anticipate revenues over $350 million in FY18 with over 80% of orders already secured 

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.