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MAAS Group Holdings Limited (ASX:MGH)

ALERT: Price-sensitive ASX Announcement for MGH
Current share price for MGH : $6.870 1.21 (21.38%)+
Announcement
Release
20 Aug 2026 8:06AM
Price at Release
$5.660
Full Release
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Summary
Maas Group Holdings Limited (MGH) reported a record financial performance for the fiscal year ending 30 June 2026, with significant growth across its operations. Revenue increased by 27% to $1,263.8 million, and EBITDA rose by 37% to $300.3 million. The Electrical Manufacturing division was a major contributor to these results, notably securing a substantial order from Firmus. MGH implemented a revised capital management strategy, focusing on share buybacks instead of dividends to enhance shareholder value. The planned sale of its Construction Materials portfolio is expected to strengthen the company's financial position, allowing further investment in growth opportunities. MGH forecasts continued strong financial performance in FY27.
Key Points
  • MAAS Group Holdings Limited delivered a record financial result for FY26.
  • Underlying revenue increased by 27% to $1,263.8 million.
  • EBITDA rose by 37% to $300.3 million, aligning with updated guidance.
  • The Electrical Manufacturing business was a standout performer with significant projects in hand.
  • MGH's capital management framework was enhanced, focusing on share buybacks over dividends.
  • No final cash dividend was declared for FY26 due to prioritization of share buybacks.
  • Proceeds from the sale of the Construction Materials portfolio to Heidelberg Materials Australia are expected to boost financial flexibility.
  • The company anticipates continued revenue and profit growth in FY27.
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.