SCEE Electrical parent company SCEE Group (ASX:SXE) today announced a record-breaking full year result.
SCEE Group has today released our results for the year ended 30 June 2024. In 2024 we have delivered our largest ever profits for the second consecutive year and ended the year with a record cash balance and a record order book. FY24 highlights included: Record EBITDA of $40.1m up 5.0%, record EBIT of $32.7m up 10.4% and record NPAT of $21.9m up 9.1% on record prior year Record cash balance of $84.1m up 8.3% on record prior year and no debt Record order book of $720m up 18.0% on record prior year Fully franked 5.0 cps final dividend declared, up 25% on prior year final dividend Acquisition of MDE Group completed 31 May 2024 Three structural tailwinds of Data Centres, electrification and decarbonisation, and infrastructure presenting significant opportunities across our businesses Anticipating FY25 EBITDA of at least $53m with growth in FY26 and beyond Read the full announcement here: https://lnkd.in/dSti4qM6 View our investor presentation here: https://lnkd.in/drVDBiFj View our 2024 Annual Report here: https://lnkd.in/dDgtkbBB www.scee.com.au