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MAAS Group Holdings Limited (ASX:MGH)

ALERT: Price-sensitive ASX Announcement for MGH
Current share price for MGH : $5.270 1.13 (27.29%)+
Announcement
Release
24 Feb 2026 8:29AM
Price at Release
$4.140
Full Release
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Summary
MAAS Group Holdings Limited announced its half-yearly results for 1H26, showing strong financial performance across its divisions. The company reported a 33% increase in revenue to $607.7 million and a 21% increase in underlying EBITDA to $115.3 million compared to the previous year. Civil Construction and Hire (CC&H) and Construction Materials were major contributors to this growth. The company declared an interim dividend of 3.5 cents per share, fully franked. MAAS Group also provided an upgraded guidance for FY26, expecting an underlying EBITDA in the range of $250 million to $280 million. The divestment of the Construction Materials division to Heidelberg Materials Australia is expected to complete in the second half of CY26, with the transaction progressing under customary conditions. The strategic focus remains on leveraging structural growth in infrastructure, energy transition, and digital investment.
Key Points
  • MAAS Group Holdings reported strong 1H26 financial performance.
  • Revenue increased by 33% to $607.7 million.
  • Underlying EBITDA rose by 21% to $115.3 million.
  • CC&H and Construction Materials divisions were key growth drivers.
  • Interim dividend of 3.5 cents per share declared, fully franked.
  • Upgraded FY26 guidance for underlying EBITDA to $250m-$280m.
  • Construction Materials division sale to Heidelberg Materials Australia progressing.
  • Focus on structural growth in infrastructure and energy transition.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.