middle.news
Southern Cross Media Completes TV Sale, Eyes Audio Growth with 5% Revenue Rise
8:32am on Tuesday 1st of July, 2025 AEST
•
Media
Read Story
Southern Cross Media Completes TV Sale, Eyes Audio Growth with 5% Revenue Rise
8:32am on Tuesday 1st of July, 2025 AEST
Key Points
Completed sale of remaining TV assets to Seven West Media
Total TV asset sale proceeds between $19 million and $24 million
FY25 audio revenues grew approximately 5%, driven by market share gains and election advertising
Net debt reduced to around $68 million with leverage ratio below 1.3 times
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Southern Cross Media (ASX:SXL)
OPEN ARTICLE