Maas Group Holdings Ltd. · ASX:MGH
Maas — Investor Presentation (June 2025)
33 slides from Maas's investor presentation, Jun 5, 2025
Slide 1: Maas Group Holdings – Investor Presentation
ASX Announcement 5 June 2025 MAAS GROUP HOLDINGS – INVESTOR PRESENTATION Maas Group Holdings Limited (“MGH” or the “Company”) attaches an investor presentation to be delivered today by Mr Wes Maas, CEO and Managing Director, together with Senior Executives as part of a site tour and Construction Mat
Slide 2: Investor Day: Construction Materials Site Tour & Overview
INVESTOR DAY CONSTRUCTION MATERIALS SITE TOUR & OVERVIEW
Slide 3: Maas Investor Day Agenda
MAAS INVESTOR DAY AGENDA SITE TOUR & OPENING SESSION 1 SESSION 2 PANEL Q&A Ryan Roberts Megan Byrne Wes Maas CM Chief Wes Maas Manager CEO Operating Officer CEO Corporate Finance Richard Tomkins Craig Bellamy CM Business Chief Financial Development Manager Officer Site Tour - Cleary Bros Albion Park
Slide 4: Welcome, Guidance Update, CM Strategy and Overview
WELCOME GUIDANCE UPDATE CM STRATEGY AND OVERVIEW Wes Maas Chief Executive Officer 2
Slide 5: Guidance Update
GUIDANCE UPDATE FY25 UNDERLYING EBITDA GUIDANCE MGH reaffirms guidance for FY25 with Underlying EBITDA expected in the range of $215m - $245m, with primary factors impacting the range being: • Commercial development milestones and timing of project sales. • Weather conditions from now until year end
Slide 6: Values Driven People - Our Most Valuable Asset
VALUES DRIVEN PEOPLE - OUR MOST VALUABLE ASSET TEAMWORK focused on safety and solutions • Safety is our top priority. OWNERSHIP • Alignment provides motivation and loyalty. empowered to get it right & be accountable for the result • Accountability creates a high-performance environment. Low cost- wa
Slide 7: Business Unit Overview
BUSINESS UNIT OVERVIEW INDUSTRIAL OPERATING SEGMENTS REAL ESTATE OPERATING SEGMENTS CONSTRUCTION CIVIL CONSTRUCTION MANUFACTURING RESIDENTIAL COMMERCIAL MATERIALS & HIRE & EQUIPMENT SALES REAL ESTATE REAL ESTATE • Quarries • Equipment hire • Equipment sales & • Residential developments • Commercial
Slide 8: CM Proven Historical Growth Platform
CM PROVEN HISTORICAL GROWTH PLATFORM 2024 - 2025 CM has achieved significant 2022 - 2023 2020 - 2021 Continued strategic expansion sees historical growth, with the • • Acquisition of numerous quarry sites in Greater Melbourne as largest regional initial public offering in • Expansion into geotechnic
Slide 9: Quarry-Led Strategy
QUARRY-LED STRATEGY CONSTRUCTION MATERIALS UPSTREAM QUARRY-LED INTEGRATED CONSTRUCTION MATERIALS OPERATOR DOWNSTREAM CONCRETE ASPHALT 80% QUARRY MATERIALS BY WEIGHT 95% QUARRY MATERIALS BY WEIGHT SUPPORTED BY COMPLEMENTARY IN-HOUSE CAPABILITIES IN MATERIALS TESTING AND GEOTECHNICAL ENGINEERING 78
Slide 10: Multiple Levers to Drive Future Growth
MULTIPLE LEVERS TO DRIVE FUTURE GROWTH Our Construction Materials business has multiple levers to drive growth in the next 5 years and beyond. MACRO DRIVERS INTERNAL LEVERS • Further integrate businesses in • Renewable energy transition. hubs to increase throughput • Residential building recovery. a
Slide 11: Quarries, Concrete, Asphalt, Testing and Other Services
QUARRIES CONCRETE ASPHALT TESTING AND OTHER SERVICES Ryan Roberts CM Chief Operating Officer 20+ Years Construction Materials Experience 9
Slide 12: Overview of Construction Materials
OVERVIEW OF CONSTRUCTION MATERIALS QUARRIES COMPOUNDING PRODUCTS & SERVICES BUSINESS MODEL Integrated operating model with complementary operating segments. UPSTREAM • • Defensive portfolio leveraging high barrier to entry assets - Quarries >60% CONCRETE operating sites. • Recurring revenue model ac
Slide 13: Key Drivers: Energy Infrastructure
KEY DRIVERS: ENERGY INFRASTRUCTURE PIPELINE Lotus Creek • Strategically positioned footprint to leverage energy related Wind Farm project pipeline. Package: Crushing and Screening Status: Commenced FY25 Stanwell Battery • Established reputation as the delivery partner of choice for large (BESS) rene
Slide 14: Key Drivers: Transport Infrastructure
KEY DRIVERS: TRANSPORT INFRASTRUCTURE Rockhampton Ring Road S2 Package: Quarry material supply PIPELINE Status: Commenced FY25 CQ Defence Rd upgrade • Commenced and committed projects across Australian East coast Package: Quarry material supply aligned with existing business footprint. Status: Comme
Slide 15: Melbourne – Integrated Hub Blueprint
MELBOURNE – INTEGRATED HUB BLUEPRINT • Entered the Melbourne market in late 2022 with acquisition of Dandy: 5 concrete plants and 2 quarries (sand and hardrock). • Through several strategic acquisitions we have grown our footprint into a significant integrated hub including: • 5 quarries • 10 concre
Slide 16: Cleary Bros – Strategic Acquisition South of Sydney
CLEARY BROS – STRATEGIC ACQUISITION SOUTH OF SYDNEY • Strategically located freehold assets in Illawarra growth markets with access to Sydney quarry materials market: • Albion Park hard-rock quarry • Gerroa sand quarry • 3 concrete batch plants • Construction demand tailwinds in growing Illawarra re
Slide 17: Albion Park Quarry
Highly strategic asset and foundation of the Cleary Bros business. • Operating since the 1960’s. • High-quality, long-life reserves (35+ years) on 139 hectares of freehold land. • Produces 900k tonnes of quarry materials per annum for a broad range of customers. • Valuable void space for fill import
Slide 18: Cleary Bros – Gerroa Sand Quarry
CLEARY BROS – GERROA SAND QUARRY Strategic quarry asset supplying sand to the Cleary Bros concrete business. • Long-life reserves (50+ years) on 329 hectares of freehold land. • Dredge and screen operation. • Permit application to increase annual production already submitted. • High quality material
Slide 19: Cleary Bros - Concrete
CLEARY BROS - CONCRETE • 3 x concrete plants - strategic footprint servicing ~150km stretch of East Coast. • Albion Park: Flagship wet/dry plant capable of 250m3/hr. • Coniston: Central location within 3km Wollongong CBD capable of 120m3/hr. • Bombaderry: Strategically located in southern growth cor
Slide 20: Quarries Overview
QUARRIES OVERVIEW High-quality asset portfolio across the East Coast strategically positioned to GEOGRAPHIC FOOTPRINT benefit from diversified market segments forecast for sustained growth. • 411 quarries across QLD, NSW & VIC QLD comprised of hard-rock and sand resources. 104% • ~140 owned heavy tr
Slide 21: Quarries - Organic Growth Initiatives
QUARRIES - ORGANIC GROWTH INITIATIVES OPERATIONAL EXCELLENCE OPERATIONAL EXCELLENCE CAPACITY GROWTH • Implementation of digital systems across sales, • Increasing permitted extraction limits for insights and ERP systems improving real time operational sites – Gerroa Sand +50%. decision making and re
Slide 22: Concrete Overview
CONCRETE OVERVIEW Diverse portfolio of strategically located concrete plants positioned to capitalize on metro and regional growth corridors along Australia’s East Coast. GEOGRAPHIC FOOTPRINT • 18 fixed concrete plants located across QLD, 506% QLD NSW and VIC. • 4 mobile concrete plants focused on l
Slide 23: Concrete - Organic Growth Initiatives
CONCRETE - ORGANIC GROWTH INITIATIVES OPERATIONAL EXCELLENCE OPERATIONAL EXCELLENCE CAPACITY GROWTH CAPACITY GROWTH • Asset optimisation program for agitator trucks • Technical capabilities focusing on mix optimisation driving cost reductions. and innovation to reduce costs. • Leveraging network vol
Slide 24: Asphalt Overview
ASPHALT OVERVIEW Strategically located asphalt Organic Growth Initiatives GEOGRAPHIC FOOTPRINT operations a key part of the integrated model. • Continued expansion of the Spray Seal segment leveraging our quarry positions. • Austek Roads purchased May 2023 and Capital Asphalt December 2024. • Expand
Slide 25: Construction Materials Testing Services
CONSTRUCTION MATERIALS TESTING SERVICES Network of in-house testing laboratories providing essential quality control LABORATORY LOCATIONS support to our operations. • 5 laboratories across NSW, QLD and VIC, aligned with our quarry and concrete footprint. • Provides quality control testing to our con
Slide 26: Acquisition of R&C Asphalt & Cardinia Environmental Recycling
ACQUISITION OF R&C ASPHALT & CARDINIA ENVIRONMENTAL RECYCLING M&A BACKGROUND & STRATEGY Megan Byrne Richard Tomkins Manager Corporate Finance CM Business Development 18+ Years Construction Materials Manager Experience 25+ Years Construction Materials Experience 24
Slide 27: Latest Acquisitions Expand Integrated Hub in Melbourne
LATEST ACQUISITIONS EXPANDS INTEGRATED HUB IN MELBOURNE • Cardinia Environmental Recycling • Recycles construction & demolition waste. • 100% acquisition. • R&C Asphalt Paving • Asphalt laying business primarily servicing south-east Melbourne. Key • 75% acquisition (Austek Roads and Capital Asphalt
Slide 28: Cardinia Environmental Recycling
CARDINIA ENVIRONMENTAL RECYCLING Strategic entry into the recycling market, further enhancing our integrated offering in Melbourne. • Accepts waste concrete, bricks, asphalt, and roof tiles that would otherwise go to landfill. • Produces recycled products that can replace natural quarry materials in
Slide 29: R&C Asphalt Paving
R&C ASPHALT PAVING Expansion of our asphalt footprint into the high growth South-East Melbourne market • R&C is a well-established asphalt laying business – operating Insert image in the South-East for over 30 years. • Long-term customers including local government. • Existing operational synergies
Slide 30: Maas Has Executed a Successful M&A Strategy Since IPO
MAAS HAS EXECUTED A SUCCESSFUL M&A STRATEGY SINCE IPO • 22 acquisitions in Construction Materials since IPO in 2020 December 2020. • Extensive M&A experience has resulted in a Inverell streamlined process from opportunity identification 2021 Tamworth Amcor Quarries Willow Tree Aggregates Westwood Co
Slide 31: Summary: FY25 guidance reaffirmed, focus on Construction Materials
• FY25 EBITDA guidance reaffirmed with asset recycling expected to exceed $100m. • MGH will continue to simplify as a Group with capital and growth focused on Construction Materials. • Construction Materials strategy is aggregate-led with high quality, long life, strategically located quarries at th
Slide 32: Presenters
Wes Maas Craig Bellamy Megan Byrne Chief Executive Officer Chief Financial Officer Manager Corporate Finance Ryan Roberts Richard Tomkins CM Chief Operating Officer CM Business Development Manager 30
Slide 33: Disclaimer
DISCLAIMER Important information The purpose of this presentation is to provide general information about MAAS Group Holdings Ltd (Maas or the Company) and its subsidiaries and business. The information in this presentation is current as at 5 June 2025. It is in summary form and is not necessarily c
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