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SOUTHERN CROSS ELECTRICAL ENGINEERING LTD — Capital/Financing Update 2008
Jun 24, 2008
65884_rns_2008-06-24_cd6ddfde-0e5b-472f-a9ee-04bcfff84cbb.pdf
Capital/Financing Update
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SOUTHERN CROSS ELECTRICAL ENGINEERING LIMITED
ASX RELEASE
25 June 2008
Manager Company Announcement Office Australian Stock Exchange Level 4, 20 Bridge Street SYDNEY NSW 2000
Upgrade to Prospectus Forecast
Southern Cross Electrical Engineering Limited (ASX:SXE) is pleased to announce that after reviewing its year to date results it will exceed the prospectus forecast for net profit after tax by at least 10%. Chairman, Mr Tomasi said “this has been achieved from better than expected margins on the Company’s South American projects, finalisation of variation claims and a tight focus on overhead costs”.
-ENDS –
Mr Frank Tomasi
Executive Director and Chairman Southern Cross Electrical Engineering Limited
Southern Cross Electrical Engineering Limited
+61 (8) 9410.1833
www.scee.com.au
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A.B.N. 92 009 307 046 EC001681
41 MACEDONIA STREET, NAVAL BASE, WESTERN AUSTRALIA 6165 TELEPHONE: 61 8 9410 1833 FAX No: 61 8 9410 2504 EMAIL: [email protected]