News for Southern Cross Media Group Limited (SXL.AX)

Release Date: February 27, 2025For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Southern Cro

Refinitiv StreetEvents Event TranscriptE D I T E D V E R S I O NSXL.AX - Southern Cross Media Group LtdHalf Year 2025 Southern Cross Media Group Ltd Earnings

Southern Cross Media Group (ASX:SXL) has finally pawned off its TV assets that nobody really wanted, and investors have responded by selling off the stock -2.3% to 64cps.

The ASX 200 is set to rise at the opening bell this…

Revenue: $499.4 million for FY24, down 1% year on year.Digital Audio Revenue: $35 million, up 42% year on year.EBITDA (excluding significant and non-recurring

Southern Cross Media Group Ltd, Qantas Airways Ltd and Wesfarmers Ltd are three major companies with financial reports out.

ASX tipped to open lower, Qantas due to release its financial year results. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

The ASX200 is having another shocker day, tracking worse than predicted, down -1.1%. This follows yesterday’s brutal ABS inflation read that saw rate cut expectations move out as late as October 2025.

Southern Cross Media Group Ltd has decided against buying up specific assets from print and digital publisher Australian Community Media.

The ASX200 closed the day down XXXX. Aside from consumer discretionary and healthcare, all other sectors ended in the red.

The ASX200 is tracking lower than expected, down nearly a quarter of…

The ASX200 closed 0.2 of a per cent down. Energy slipped around a per cent, while consumer discretionary and healthcare grew around 0.5%.

Southern Cross Media Group (ASX:SXL) was down -6.35% in morning trades on Monday, similar to ARN Media (ASX:A1N), which was down -5%.

The ASX200  has been trading mostly flat – down about 0.1 per cent. The Real Estate sector plunged nearly 2 per cent today ahead of global interest rates policy announcements.

Radio broadcaster ARN Media (ASX: A1N) has shelled out $38.3 million to acquire a 14.8% interest in its rival Southern Cross Media (ASX: SXL).

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Stockhead recaps the ASX stocks with the highest and lowest P/E ratio as at November 2021. The highest is Cettire (ASX:CTT).