Corporate update - with guidance reaffirmed
| Stock | Maas Group Holdings Ltd (MGH.ASX) |
|---|---|
| Release Time | 18 May 2026, 9:54 a.m. |
| Price Sensitive | Yes |
Maas Group Holdings Ltd Corporate Update
- FY26 earnings guidance reconfirmed at A$250m - A$280m
- A$200m Firmus contract 35% complete, on track for CY26
- Sale of construction materials business to HMA on track for CY26 settlement
- Syndicated debt facility upsized by A$450m to A$1.18bn
- Secured debt facility for Western Sydney Aerotropolis executed
Maas Group Holdings Ltd provided an update on its financial performance, project progress, and financing activities. The company reconfirmed its FY26 underlying EBITDA guidance of A$250 million to A$280 million. The A$200 million contract with Firmus Technologies for 100MW of capacity at their Launceston AI Factory is approximately 35% complete and remains on track for completion within CY26. The sale of the construction materials business to Heidelberg Materials Australia for up to A$1.703 billion is progressing well and is expected to settle in CY26. The company upsized its existing syndicated debt facility by A$450 million to A$1.18 billion, enhancing capital flexibility. Additionally, MGH secured a debt financing transaction for a material land portfolio in the Western Sydney Aerotropolis precinct.
FY26 underlying EBITDA guidance reconfirmed at A$250 million to A$280 million
The company expects to provide further updates on additional contracts and site-level scope confirmations across the broader Firmus pipeline over the coming periods.