MAAS Group Holdings Says Electrical Work in Hand Totals Around AU$1.2 Billion, Shares Up 7%

MT Newswires Live
Sep 24

MAAS Group Holdings (ASX:MGH) said it expects strong revenue and profit growth from continuing operations in fiscal 2027 due to electrical work in hand of around AU$1.2 billion, which is to be executed over the next 18 months, according to a Thursday Australian bourse filing.

It expects electrical manufacturing to become the dominant revenue and earnings driver of the electrical segment.

Its shares rose 7% in recent trading on Thursday.

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