Maas Group reports $300.3M underlying EBITDA in FY26
- Maas Group reported an underlying revenue increase of 27% to $1.26 billion for the 2026 financial year.
- Following the financial report release, the company share price was down at $5.66.
- The company stated that the results align with updated guidance and reflect growth across its electrical infrastructure and construction portfolios.
Maas Group Holdings (ASX:MGH) reported an underlying EBITDA of $300.3 million for the 2026 fiscal year alongside a statutory net profit after tax of $136.1 million.
The company noted that underlying EBITDA increased 37% compared to the prior corresponding period, driven by performance in its electrical manufacturing operations.
Underlying revenue reached $1.26 billion, up 27% year over year, while underlying NPAT rose to $123.4 million.
"The Firmus electrical contracts give us locked-in, visible earnings growth in FY27 and beyond and position Maas Group as a partner of choice in the build-out of Australia's AI and digital infrastructure," said Maas Group Managing Director and CEO Wes Maas.
The business recorded cash flow conversion of 93% and reported work in hand for its electrical business at approximately $1.2 billion to be delivered over the next 18 months.
Management stated that the financial results and upcoming asset sales position the business to pursue further capital allocation strategies in future periods.
Following the announcement, the Maas Group Holdings share price was down at $5.66.
The group previously agreed to sell its construction materials portfolio to Heidelberg Materials Australia for up to $1.70 billion with completion targeted for October.
