{
  "id": 1863592,
  "title": "SCEE FY26 slides: record profit, data center revenue set to triple",
  "url": "https://urgent.news/2026/08/19/scee-fy26-slides-record-profit-data-center-revenue-set-to-triple",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T04:02:09.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/scee-fy26-slides-record-profit-data-center-revenue-set-to-triple-93CH-4866414"
  },
  "original_language": "en",
  "account": "Southern Cross Electrical Engineering (SCEE) announced its full-year 2026 results on August 19, 2026, revealing record underlying profitability despite a decline in overall revenue. The company's strategic pivot from completed mega-projects to a data center pipeline and diversified infrastructure work appears to have paid off, as evidenced by the significant increase in underlying EBITDA and net profit after tax. While revenue fell by 10.3% to $718.7 million, underlying EBIT reached $64.4 million, up 40.3% year-over-year, and underlying net profit after tax climbed 24.3% to $39.4 million. The gross profit surged 29.1% to $136.7 million, pushing the gross margin to 19.0% from 13.2% in the previous year. SCEE's revenue composition highlights the company's successful diversification strategy, with over 40% of revenue now coming from adjacent non-electrical disciplines. The balance sheet strengthened significantly during the year, with cash increasing to a record $261.5 million and a strategic equity raising completed in June 2026.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "SCEE FY26 slides: profit surges 40% on margin gains, $100m FY27 target",
        "url": "https://urgent.news/2026/08/19/scee-fy26-slides-profit-surges-40-on-margin-gains-100m-fy27-target",
        "published": "2026-08-19T03:57:52.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}