Maas Group Holdings Reports Record FY24 Performance
Company Announcements

Maas Group Holdings Reports Record FY24 Performance

MAAS Group Holdings Ltd. (AU:MGH) has released an update.

Maas Group Holdings Ltd. has achieved record performance for FY24, driven by strategic asset recycling and robust profit growth, with a noteworthy 27% rise in underlying EBITDA to $207 million. The company’s disciplined capital allocation and strategic acquisitions have bolstered its competitive position, particularly in the Construction Materials segment. Strong cash flow and a strengthened capital position underscore Maas Group’s commitment to sustainable growth and community engagement.

For further insights into AU:MGH stock, check out TipRanks’ Stock Analysis page.

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