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BRIEF-Southern Cross Electrical Engineering sees FY2015 underlying trading profit of $4.3 mln

Published 22/07/2015, 08:55 am
© Reuters.  BRIEF-Southern Cross Electrical Engineering sees FY2015 underlying trading profit of $4.3 mln
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July 22 (Reuters) - Southern Cross Electrical Engineering Ltd SXE.AX :

* Says forecast underlying trading profit for FY 2015 of $4.3M

* Says forecast statutory npat loss for FY 2015 of $9.4M

* Says all asset finance debts had been paid out in full prior to 30 June leaving the company debt free

* Says market conditions continue to be challenging in the domestic resources construction sector

* Says board currently intends to maintain dividend payments at the same absolute level as in the prior year of 2.7cps

* Expects to continue to remain fully compliant with all of its banking covenants following the restructuring initiatives

* Source text for Eikon ID:nASXknDVC

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