Feb 22, 2023 / 11:30PM GMT
Wes Maas - MAAS Group Holdings Limited - MD & CEO
Thank you, everyone, and welcome to the MAAS Group Holdings' half-year results conference call. MAAS Group Holdings had a very strong first-half result, considering the unprecedented challenges that have been thrown our way over the first six months.
We had pro forma revenue increase, $361.4 million, which is an increase of 68% period on period. Our pro forma EBITDA of $66.1 million, an increase of 65%. Pro forma EBIT of $45.5 million, an increase of 70%. Our cash flow conversion of 89% increased from 72%.
Statutory EBITDA of $63.8 million, an increase of 73%. Statutory NPAT of $23.7 million, an increase of 62%. Total tangible assets have increased to $1.1 billion. We've made significant investments for growth, an increase of 36% (sic - see slide 9, "39%") across this period. Liquidity sitting at $236.6 million gives us a really strong platform to continue our growth.
Moving onto our growth initiatives and outlook. Very little change here. Construction materials, we're continuing our cost reduction program through lean
Half Year 2023 MAAS Group Holdings Ltd Earnings Call Transcript
Feb 23, 2023
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