Maas Group Holdings Limited
MGH.ASXIndustrials
Leading independent Australian construction materials, equipment and services provider with diversified exposures across the civil, infrastructure, mining and property end markets.
Market Data
$5.100
+0.0%$1.8B
23.6x
$0.216
0.00%
+0.1%
Latest Earnings
Half Year Results Announcement
24 February 2026
Maas Group delivered a strong 1H26 result with underlying revenue up 33% to $607.7M and underlying EBITDA up 21% to $115.3M, driven by strong performance across Construction Materials and Civil Construction & Hire divisions. The company upgraded its FY26 underlying EBITDA guidance to $250M-$280M and declared a 3.5 cent fully franked interim dividend, while progressing the $1.7B sale of its Construction Materials division to HMA. Key points: Strong 33% revenue growth to $607.7M with underlying EBITDA up 21% to $115.3M; Upgraded FY26 EBITDA guidance to $250M-$280M range; 100% cashflow conversion and 3.5 cent fully franked interim dividend declared
Recent Announcements
Corporate update - with guidance reaffirmed
MAAS Group Holdings Limited reconfirmed FY26 underlying EBITDA guidance of A$250-280 million and provided updates on key projects: its A$200m Firmus AI Factory contract is 35% complete and on track for CY26 completion, the A$1.703 billion construction materials sale to Heidelberg Materials Australia is progressing toward CY26 settlement, while the company also upsized its syndicated debt facility by A$450 million to A$1.18 billion and secured a A$625 million limited recourse financing arrangement for Western Sydney Aerotropolis property developments.
Ceasing to be a substantial holder from PPT
PPT ceased to be a substantial holder.
Becoming a substantial holder from PPT
PPT became a substantial holder (5.083%).
Half Year Results Presentation
MAAS Group Holdings delivered a strong 1H26 performance with underlying NPAT increasing 26% to $40.6M, driven by robust growth in Civil Construction & Hire and Construction Materials segments. The company upgraded FY26 EBITDA guidance to $250M-$280M and progressed the sale of its Construction Materials portfolio to Heidelberg Materials for $1.703B gross proceeds, expected to complete in 2H CY26. Key points: Strong underlying NPAT growth of 26% to $40.6M driven by Civil Construction & Hire (+66% EBITDA) and Construction Materials performance; Upgraded FY26 EBITDA guidance to $250M-$280M supported by strong Electrical growth and outlook; Excellent cash conversion of 100% with disciplined working capital management across all segments
Half Year Results Announcement
Maas Group delivered a strong 1H26 result with underlying revenue up 33% to $607.7M and underlying EBITDA up 21% to $115.3M, driven by strong performance across Construction Materials and Civil Construction & Hire divisions. The company upgraded its FY26 underlying EBITDA guidance to $250M-$280M and declared a 3.5 cent fully franked interim dividend, while progressing the $1.7B sale of its Construction Materials division to HMA. Key points: Strong 33% revenue growth to $607.7M with underlying EBITDA up 21% to $115.3M; Upgraded FY26 EBITDA guidance to $250M-$280M range; 100% cashflow conversion and 3.5 cent fully franked interim dividend declared
Appendix 4D and Half Year Report
MAAS Group Holdings delivered strong HY2026 results with underlying EBITDA rising 21.4% to a record $115.3M on underlying revenue growth of 32.5% to $607.7M. Following period end, the company announced a transformational $1.7 billion sale of its Construction Materials division to Heidelberg Materials and a $100M strategic investment in digital infrastructure company Firmus Grid. Key points: Record underlying EBITDA of $115.3M, up 21.4% driven by growth across three of five operating segments; Strong operating cash flow generation with 121.2% increase to $71.4M before land inventory payments; Major electrical infrastructure contract secured with Firmus Grid valued at $200M, contributing from CY2026
Notice of half year results release and webcast
Maas Group Holdings Limited (MGH) will announce its half-year results for the period ending 31 December 2025 on Tuesday 24 February 2026, with a webcast briefing scheduled for 9:00am AEDT the same day.
Get real-time alerts for MGH
Receive AI-powered earnings summaries and instant notifications when Maas Group Holdings Limited releases results.
Register Free