MAAS Group Holdings Ltd. (AU:MGH) has released an update.
Maas Group Holdings Ltd. reports a strong financial year, with a 27% increase in underlying EBITDA to $207.3 million and an 11% rise in revenue to $881.9 million, signaling robust growth and disciplined working capital management. The construction materials and services provider also achieved an impressive cash conversion rate of 88%, and announced strategic acquisitions to bolster its presence in the high-demand Melbourne market. Additionally, Maas Group declared a fully franked final dividend of 3.5 cents per share, reflecting the company’s continued growth and strategic asset positioning.
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