Southern Cross Electrical Engineering has reported strong growth in sales revenue and profit and signalled it is exploring further acquisitions across the country.
Engineering firm Lycopodium disappointed the market with its interim results today whereas Southern Cross Electrical Engineering enjoyed strong gains after its profit report.
Southern Cross Electrical Engineering has announced it will acquire Sydney-based MDE Group for up to $10.55 million, courtesy of a share purchase agreement.
Perth-based Southern Cross Electrical Engineering has secured about $50 million worth of contracts for work at data centres and projects across the country.
Southern Cross Electrical Engineering Group has appointed a new chairman as it lines up $50 million worth of contracts from companies such as BHP, Multiplex and Teck Global.
Perth-based Southern Cross Electrical Engineering Group has won a pipeline of work totaling $90 million from the likes of Rio Tinto and other major mining and construction companies.
A Southern Cross Electrical Engineering subsidiary has secured work on software giant Atlassian's new $1.4 billion Sydney headquarters, which is set to be the world's tallest hybrid-timber tower.
A Southern Cross Electrical Engineering subsidiary has been awarded approximately $50 million worth of work at BHP's iron ore operations in the Pilbara.
SRG Global has won seven contracts including from Rio Tinto and Roy Hill, while Southern Cross Electrical Engineering has secured work at BHP's Pilbara accommodation villages.
Perth-based Southern Cross Electrical Engineering has secured its largest contract to date, for work on Sydney's new $5.3 billion international airport.
Southern Cross Electrical Engineering is set to expand its service offering with the $53.5 million acquisition of an electrical services group based in Victoria.
Southern Cross Electrical Engineering is still pursuing a claim for $11 million from Decmil in relation to a subcontract, saying today that an adjudication last week requiring Decmil to pay just $152,657 was only a preliminary ruling.
Southern Cross Electrical Engineering has won a $40 million contract for services to Energy Queensland, which operates the electricity network in the northern part of that state.
Southern Cross Electrical Engineering's east coast business has secured $25 million in new contracts to complete construction, electrical and communication works in NSW and the ACT.
A subsidiary of Perth-based Southern Cross Electrical Engineering has secured a $40 million contract with CIMIC Group to complete works on a train station in Sydney.
Rio Tinto has contracted Perth-based Southern Cross Electrical Engineering to complete rehabilitation works on its Gove Peninsula operations in the Northern Territory.
Southern Cross Electrical Engineering has been awarded $100 million in contracts, including works with Talison Lithium, Energy Resources and MARBL Lithium.
Southern Cross Electrical Engineering has won several contracts worth a combined $35 million in the commercial, data centre and energy sectors, primarily on the east coast.
Southern Cross Electrical Engineering has reported a net profit after tax of $4.5 million for the first half of the financial year, a rise of 66 per cent from the prior corresponding period.
Perth-based Southern Cross Electrical Engineering has secured a number of new contracts across the country in the commercial, resources and telecommunication sectors.
Southern Cross Electrical Engineering has been awarded a $55 million electrical instrumentation installation contract at the Westconnex M5 road project in NSW.
Southern Cross Electrical Engineering has been awarded a $20 million contract for work on the central section of the Northlink WA roads project, while Perth-based Tempo Australia has secured a series of contracts totalling more than $6 million.
Southern Cross Electrical Engineering has been awarded a number of new commercial and public infrastructure contracts across Australia totalling more than $90 million, including $66 million of work at a new section of the Westmead Hospital in New South Wales.
Southern Cross Electrical Engineering will raise $32 million through a share placement to provide working capital as the company's order book continues to expand.
Southern Cross Electrical Engineering has announced a number of contract wins worth a combined $100 million, with the majority of the work to be carried out by recently acquired, Sydney-based subsidiary Heyday.
Southern Cross Electrical Engineering's recently acquired Sydney-based subsidiary, Heyday5, has been awarded more than $50 million of new contracts to carry out electrical services work on a number of major development projects.
Southern Cross Electrical Engineering, through its KSJV joint venture with energy service provider Kentech, has received over $30 million of additional orders under a subcontract with Bechtel.
Southern Cross Electrical Engineering expects to bounce back from a net loss in the first half of the 2017 financial year after announcing the “transformational” acquisition of a Sydney-based electrical contractor.
Southern Cross Electrical Engineering shares lost nearly a quarter of their value today after the company warned of a $2 million loss for the six months to December.
Chief executive salaries in WA are continuing to ratchet down, and companies are seeking more flexibility, a study of nearly 30 new appointments this year has found.
