Southern Cross Media Group Ltd (FRA:6MM)
€ 0.384 0.012 (3.23%) Market Cap: 97.01 Mil Enterprise Value: 243.42 Mil PE Ratio: 20.31 PB Ratio: 0.36 GF Score: 68/100
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Full Year 2019 Southern Cross Media Group Ltd Earnings Call Transcript

Aug 22, 2019 / 12:30AM GMT
Release Date Price: €4.17 (+2.40%)
Operator

Good morning, and welcome to Southern Cross Austereo's full year results presentation. (Operator Instructions) Please note that this conference is being recorded today, Thursday, the 22nd of August 2019, at 10:30 a.m. Australian Eastern Standard Time.

I will now hand over to our first speaker for today, Southern Cross Austereo's CEO, Mr. Grant Blackley. Go ahead, Grant.

Grant Blackley
Southern Cross Media Group Limited - CEO, MD & Executive Director

Good morning, and welcome to Southern Cross Austereo's full year results presentation. This morning, we will be taking you through our results for the 2019 fiscal year. I'm joined on the call today by Chief Financial Officer, Nick McKechnie.

I draw your attention to Slide 2, the disclaimer.

Moving to our executive summary on Slide 4. 2019 has been a good year for SCA with the delivery of a strong result in what has been a challenging media environment. The majority of SCA's assets and earnings are in the vibrant and growing audio sector, with SCA benefiting from growth in both its

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