Brief: Maas Group Secures New Electrical Infrastructure Contract Worth A$855 Million
04/08/2026 02:14
BRIEF-Maas Group Secures New Electrical Infrastructure Contract Worth A$855 Million Aug 4 (Reuters) - MAAS Group Holdings Ltd MGH.AX:
SECURES NEW ELECTRICAL INFRASTRUCTURE CONTRACT WORTH A$855 MILLION
INCREASES FY26 GROUP UNDERLYING EBITDA GUIDANCE TO A$300 MILLION-$310 MILLION
MAKES FURTHER STRATEGIC INVESTMENT IN FIRMUS OF A$300 MILLION
TO BUY A$300 MILLION OF FIRMUS SHARES AND PREFERENCE SHARES AT A$230 EACH
Further company coverage: MGH.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on MAAS group
See all newsBrief: Maas Group Receives A$1.61 Billion On Completion For Sale Of Construction Materials Business
Australia's Maas logs best day in nearly a month on receiving $1.11 billion for construction business sale
Australia's Maas Group slumps nearly 10% after Firmus pulls plug on IPO plan
Australia's Maas Group slumps nearly 10% after Firmus pulls plug on IPO plan
Australian shares rise on broad gains; Firmus shelving IPO boosts tech stocks