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Southern Cross Media Cuts FY26 EBITDA Guidance, Launches $150 Million Cost Savings Drive
8:32am on Thursday 11th of June, 2026 AEST
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Southern Cross Media Cuts FY26 EBITDA Guidance, Launches $150 Million Cost Savings Drive
8:32am on Thursday 11th of June, 2026 AEST
Key Points
FY26 revenue guidance lowered to $1.86-$1.87 billion
Underlying EBITDA forecast cut to $185-$190 million
Cost reduction program to deliver $145-$150 million savings
250-300 full-time positions to be cut by June 2026
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