Southern Cross Media Group (ASX:SXL) reaffirmed its fiscal 2025 guidance for non-revenue related costs at about AU$265 million, down 2% from a cost base of AU$270 million last year, according to a Tuesday filing with the Australian bourse.
The company also said it expects fiscal 2026 costs to remain flat at around AU$265 million, supported by ongoing cost-out initiatives.
Capital expenditure is expected to be below AU$10 million in the next fiscal year, the filing said.
The board said it will declare a final dividend for fiscal 2025, per the filing.