• Guidance met with continued construction materials growth
• Underlying EBITDA increased 6% to $219.4M
• Construction Materials Underlying EBITDA increased 38% with 9% organic growth

Maas Group Holdings Ltd reported a strong FY25 performance, meeting guidance and delivering continued growth in its Construction Materials division. The company reported a 6% increase in Underlying EBITDA to $219.4M, driven by a 38% rise in Construction Materials Underlying EBITDA including 9% organic growth. The Construction Materials division benefited from strategic acquisitions and expansion into new geographic areas, as well as robust demand from infrastructure and renewable energy projects. The company also maintained a disciplined focus on working capital management, with 97% cashflow conversion. Maas continued to invest in sustainability initiatives, including the development of lower carbon product lines, waste minimization, and the use of alternative fuels. The company's safety performance saw a mixed result, with an increase in Lost Time Injury Frequency Rate but an improvement in Total Recordable Injury Frequency Rate. Maas remains committed to its people, culture, and community, with a focus on training and development, and supporting local initiatives. Looking ahead, the company expects solid revenue and profit growth in FY26, driven by the full-year contribution of FY25 acquisitions, a strong project pipeline, and continued residential land sales. However, the company noted that the Melbourne market continues to experience soft end demand, impacting volumes.

Expect solid revenue and profit growth in FY26, driven by the full-year contribution of FY25 acquisitions, a strong project pipeline, and continued residential land sales.

The company expects solid revenue and profit growth in FY26, driven by the full-year contribution of FY25 acquisitions, a strong project pipeline, and continued residential land sales. However, the Melbourne market is expected to continue experiencing soft end demand, impacting volumes.