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 2020 Southern Cross Media Group Ltd Earnings Call Transcript
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Full Year 2020 Southern Cross Media Group Ltd Earnings Call Transcript

Aug 19, 2020 / 11:45PM GMT

Release Date Price: €0.99 (-2.94%)

Transcript

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Southern Cross Austereo Full Year Results Call. (Operator Instructions) Please note that the conference is recorded today, Thursday, August 20, 2020.

I would now like to hand over the conference to your host today, CEO, Mr. Grant Blackley. Thank you, sir. Please go ahead.

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 2020 fiscal year. I'm joined on the call today by our Chief Financial Officer, Nick McKechnie. I draw your attention to the disclaimer on Slide 2.

Moving to our executive summary on Slide 4. FY '20 has obviously been a very disruptive year for business and SCA. But I am pleased to report full year statutory EBITDA of $108 million, with positive earnings contribution delivered across all 4 quarters despite the impact of COVID-19 impacting the business from mid-March.

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