Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from MAAS Group Holdings Ltd. ( (AU:MGH) ).
Maas Group Holdings Ltd. announced its financial results for FY25, reporting an underlying EBITDA of $219.4 million, aligning with previous guidance. The company achieved a cash conversion rate of 97% and capital recycling proceeds of $107.6 million. The Construction Materials division significantly contributed to the Group’s EBITDA, driven by organic growth and strategic acquisitions. Despite challenges such as project delays, the company maintained strong financial performance, with a focus on expanding its operations and strengthening its liquidity position.
The most recent analyst rating on (AU:MGH) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on MAAS Group Holdings Ltd. stock, see the AU:MGH Stock Forecast page.
More about MAAS Group Holdings Ltd.
Maas Group Holdings Ltd. is a leading independent Australian provider in the construction materials, equipment, and service industry. The company focuses on construction materials, civil construction, and hire services, with a significant emphasis on expanding its geographic footprint and enhancing its capabilities through acquisitions.
Average Trading Volume: 462,033
Technical Sentiment Signal: Buy
Current Market Cap: A$1.56B
For an in-depth examination of MGH stock, go to TipRanks’ Overview page.