ASX:SXL (Australia)  
Southern Cross Media Group Ltd logo

Southern Cross Media Group Ltd

A$ 1.06 (-2.31%) Dec 7
On watch
P/E:
At Loss
P/B:
0.61
Market Cap:
A$ 262.87M ($ 176.84M)
Enterprise V:
A$ 467.17M ($ 314.29M)
Volume:
712.56K
Avg Vol (2M):
1.33M
Also Trade In:
Volume:
712.56K
Market Cap A$:
262.87M
Market Cap $:
176.84M
PE Ratio:
At Loss
Avg Vol (2-Month):
1.33M
Enterprise Value A$:
467.17M
Enterprise Value $:
314.29M
PB Ratio:
0.61

Business Description

Description
Southern Cross Media broadcasts television and radio content across Australia and generates revenue mainly from sales of airtime to advertisers. In metropolitan areas, it runs two radio networks (Hit and Triple M). In regional areas, the company runs a portfolio of radio stations and television stations.