Corporate Update with Increased Earnings Guidance Range

Key points

• New electrical infrastructure contract worth $855 million secured
• FY26 underlying EBITDA guidance increased to $300m-$310m
• Further strategic investment of $300m in Firmus

Full summary

Maas Group Holdings Ltd has secured a significant new electrical infrastructure contract worth $855 million for the delivery of modular electrical infrastructure for Firmus, set to be delivered over the next 18 months. This new order increases the work in hand for MGH's electrical infrastructure subsidiary, JLE Group, to over $1.2 billion. The company has also increased its FY26 underlying EBITDA guidance to a range of $300 million to $310 million, reflecting a fair value uplift on its investment in Firmus. Additionally, MGH has made a further strategic investment of $300 million in Firmus, bringing its total investment to approximately $410 million.

Guidance

FY26 underlying EBITDA guidance increased to $300m-$310m

Outlook

Maas Group Holdings Ltd anticipates continued strong growth in its electrical infrastructure segment and expects to provide further updates as opportunities within Firmus's proposed 3.3GW Australian AI factory roll-out are secured.