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ASX Announcement 25 February 2021 MGH ►MAAS GROUP HOLDINGS 20L Sheraton Rd , Dubbo NSW 2830 PO Box 4921 , Dubbo NSW 2830 E : info@maasgroup.com.au Ph : 02 5852 1800 MGH Delivers Solid Profit , Maiden Dividend and Guidance for FY21 Leading independent Australian construction materials , equipment , and service provider Maas Group Holdings ( MGH ) today announced a net profit after tax of $ 11.7m and Proforma EBITDA ( non- IFRS measure ) of $ 30.4m for the half year ended 31 December 2020 . Financial Performance 1H20 $ M 1H21 Change $ M % Statutory Revenue 90.3 128.6 42.3 Proforma Revenue 103.8 134.5 29.6 Statutory NPAT 9.5 11.71 22.7 Proforma NPAT 14.3 15.71,3 9.8 Statutory EBITDA 24.8 26.91 8.5 Proforma EBITDA 30.2 30.4¹ 0.72 Dividend - 2 ¢ / share fully franked Refer Appendix A for further details with respect to the reconciliation of Proforma EBITDA . ¹Includes nil increment for change in fair value of the commercial property portfolio ( 1H20 : $ 2.9m before tax ) 211.1 % increase excluding change in fair value in 1H20 ³refer MGH Results Presentation Half Year FY2021 for reconciliation . Analysis of Result In announcing the Group's half year results , MGH Managing Director and Group CEO Wes Maas said that MGH had enjoyed a solid performance for the half year in line with expectations . Mr Maas highlighted that the Civil Construction and Hire division led the performance for the first half . MGH expects a stronger contribution from the other segments for the remainder of the year as earnings become more diversified as the scale of business across the segments increases . Mr Maas noted that MGH was well positioned for a strong FY 21 result given its exposure to infrastructure spending as well as strong regional demand for services and real estate . " We have invested heavily in recent years to position the company to take advantage of the increased investment in major infrastructure projects for both the current year and for the years ahead " Mr Maas said . “ Our strategic investment discipline and regional focus has provided us with the ideal platform to achieve long term growth " . Maas Group Holdings Limited - ABN : 84 632 994 542 - 20L Sheraton Road , Dubbo NSW 2830 Telephone : 02 5852 1800 - Email : info@maasgroup.com.au