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Southern Cross Media Delivers $30M Merger Synergies Early Amid Revenue Decline

7:30am on Tuesday 11th of August, 2026 AEST Media
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Southern Cross Media Delivers $30M Merger Synergies Early Amid Revenue Decline

7:30am on Tuesday 11th of August, 2026 AEST
Key Points
  • FY26 revenue down 4.5% to $1.87 billion
  • EBITDA down 12.8% to $200 million including onerous contracts
  • Merger synergies of $30 million delivered early, $145-$150 million cost savings program launched
  • Digital revenue up 11%, with audio digital growth outpacing broadcast decline
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