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Construction Materials Segment achieves strong, ongoing growth

19 December 2023


Construction Materials

As a leading supplier of quarry materials, aggregate, premix concrete, asphalt services and geotechnical testing, Maas Group Holdings (Maas), Construction Materials segment is quickly growing to be a significant player along Australia’s East Coast.  

With 41* strategically located quarries, 17 concrete plants, 1 Asphalt Business; and several Geotechnical testing branches – the Construction Materials segment has grown significantly over the past two years. Now operating across several regions set to benefit from significant investment in major infrastructure and renewable energy projects, the segment is expected to continue to see sustained, long-term growth.

In FY23 the Construction Materials segment contributed EBITDA of $52M to Maas Group Holdings performance. This represented an 81.8% growth in proforma EBITDA contribution on FY22. This result was supported by the strategic acquisitions of Dandy Premix – a successful quarry and concrete operator in Melbourne’s South-East, and Austek Roads – a successful asphalt services company based in Queensland. Over the past 12 months, there has also been expansion of its geotechnical testing business, Macquarie Geotech, throughout Queensland, NSW and Victoria.  

*Includes both operational and non-operational quarry assets.

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