• Underlying Revenue of $458.544m, down 0.6% on prior period
• Underlying EBITDA of $95.006m, down 2.2% on prior period
• Statutory NPAT of $31.326m, down 7.5% on prior period

Maas Group Holdings Limited, an industrial service and real estate business with diversified exposure across the property, civil, infrastructure, renewable energy and mining sectors, has reported its half-year results for the period ended 31 December 2024. The Group achieved an Underlying EBITDA result of $95.006m, consolidated Underlying Revenue of $458.544m, and Statutory NPAT of $31.326m. The result was underpinned by continued earnings growth within the Construction Materials segment, offset by material project delays impacting the Civil Construction and Hire segment. The Group continues to invest in strategic acquisitions, including the acquisition of a 75% controlling interest in Capital Asphalt during the period. The Group also successfully raised equity capital through an institutional Share Placement and Share Purchase Plan, and completed a debt syndication refinance to provide a strong platform for future growth and capital investment. The Group expects demand for its products to remain strong throughout the second half of the year, with a focus on proactively managing project delays within the Civil Construction and Hire segment.

The Group expects demand for its products to remain strong throughout the second half of the year with operations, trading conditions and material risks similar to the first half. The Group will look to continue proactively managing project delays within its Civil Construction and Hire Segment to minimise impact.