Southern Cross to Resume Dividends as Audio Revenue Rises

MT Newswires Live

2025/05/06

Southern Cross Media Group (ASX:SXL) said it plans to resume dividends with a final fiscal year payout, according to a Tuesday filing with the Australian bourse.

Audio revenue rose about 9% in the first four months of fiscal 2025 and 7% for the 10 months to April, the filing said.

Non-revenue-related costs are now forecast at about AU$265 million, down from prior guidance and 2% below last year's levels, the filing added.

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