• Underlying revenue increased 32.5% to $607.7m
• Underlying EBITDA grew 21.4% to $115.3m
• Statutory NPAT up 21.1% to $37.9m

Maas Group Holdings Limited has reported a record half-year result for the period ended 31 December 2025. The company achieved a 34.9% increase in revenues from ordinary activities to $639.3m, with underlying revenue up 32.5% to $607.7m. Underlying EBITDA grew 21.4% to $115.3m, while statutory NPAT attributable to owners increased 21.1% to $37.9m. The result was driven by strong performance across three of the Group's five operating segments - Construction Materials, Civil Construction and Hire, and Residential Real Estate. The Construction Materials segment saw underlying revenue increase 48.2% to $318.0m and underlying EBITDA rise 38.2% to $62.2m, reflecting organic growth and contributions from acquired businesses. The Civil Construction and Hire segment reported a 54.5% increase in underlying revenue to $219.5m and a 65.9% rise in underlying EBITDA to $34.1m, driven by improved activity and margins. The Residential Real Estate segment delivered a 40.8% increase in underlying revenue to $47.7m and a 38.9% rise in underlying EBITDA to $10.1m, with higher land settlements and housing revenue. The Group's cash flow performance was also strong, with operating cash inflows before payments for land inventory increasing 121.2% to $71.4m.

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 and June 2025.