Listed building materials maker Masterplast had net profit of EUR 2.2 million in the fourth quarter of 2025 compared to losses of EUR 8.9 billion a year earlier, the company said on Thursday. Revenue jumped 83% year-on-year to EUR 60.9 million during the period. EBITDA excluding one-off items came to EUR 6.4 million. Masterplast said […]
Building materials maker Masterplast has scrapped plans for a stone wool plant and will continue to focus on glass wool production, following a review of its insulation materials portfolio, the company said in an announcement posted on the website of the Budapest Stock Exchange. "The board of directors decided that the strategic focus will continue […]
Masterplast Group, the largest Hungarian-owned building materials manufacturing company in the Central European region, published its Q3 quarterly report on the website of the Budapest Stock Exchange. The report states that during the summer months, the construction market was characterised by subdued activity, similar to previous periods, followed by a marked recovery in September. The […]
Masterplast Plc. has informed investors on the website of the Budapest Stock Exchange that its subsidiary, Masterplast Hungária Ltd. concluded a contract on September 19 with the energy trade firm MVM Next Energiakereskedelmi Plc. with a term of more than 10 years on "the transfer of certified energy savings under a framework agreement”. Under the […]
In the second quarter of 2025, the construction industry environment showed signs of mild recovery in certain segments, which is an encouraging sign for the future. However, on the markets relevant to Masterplast, no significant increase in demand was observed yet, most of the growth expected in the next quarter. As a result, the company’s […]
The building insulation materials firm Masterplast’s revenue (EUR 136 million) declined by 6.2% compared to the 2023 base due to the persistently weak industry environment, despite the successful entry into the market for Certified Energy Savings (HEM), which generated significant additional sales, the company reported on the website of the Budapest Stock Exchange this Friday. […]
Masterplast Plc. has stabilized its financial management in the 2024 financial year, primarily by reorganizing its operational processes, increasing production efficiency and making redundancies, the company’s CEO Tibor Dávid announced at the group's investor briefing on Thursday. Speaking at the event, held at the group's headquarters in Sárszentmihály, southwest of Budapest, the CEO said the […]
The Hungarian construction material manufacturing company MASTERPLAST Plc. has informed investors that this Wednesday, it signed a joint document with the Polish firm Selena FM S.A. to implement an investment in the production of glass wool in the framework of a strategic cooperation. According to the statement, Selena FM S.A., a globally experienced Polish manufacturer […]
Masterplast Plc. and Market Építő Plc. have announced on the website of the Budapest Stock Exchange (BSE) on Friday that they have established a joint venture to develop and manufacture new building materials for Master Plaster and Master Builder Construction. The two companies had a strategic cooperation agreement on the establishment of Budapest-based MIP Alapanyaggyártó […]
As a result of the significant decline in the construction market and lower demand, the building insulation materials firm Masterplasts's revenue decreased by 27% compared to base in the first quarter. According to the company report published on the website of the Budapest Stock Exchange, in the sharply competitive market, Materplast was only able sell […]
As result of the negative economic effects also in connection with construction industry and shrinking markets the building insulation materials firm Masterplast's sales decreased by 17% in Q4 compared to the base period, the company has reported on the website of the Budapest Stock Exchange. Despite that, during base quarter, Masterplast with strategic inventory had […]
MASTERPLAST, the largest Hungarian-owned building materials manufacturer in the Central European region, has announced on the website of the Budapest Stock Exchange that it entered into a sales and purchase agreement for the acquisition of 100% of the shares PIMCO Ltd. This makes MASTERPLAST the sole shareholder of PIMCO Ltd. PIMCO Ltd. has a 4.3-hectare […]
The Hungarian construction material production company's sales increased by 9% in Q3 compared to the base period – in economic recession fears environment – driven by strong sales performance related to insulation products. A statement published on the website of the Budapest Stock Echange highlights that the impact of increased inventory levels at higher prices […]
The building industry insulation materials company Masterplast increased its sales by 108% in the second quarter relying on its strong supply chain, high inventories and market position, according to its half-year report published on the website of the Budapest Stock Exchange. The sales increase came as the coronavirus situation improved, global construction demand strengthened significantly, […]
The Hungarian company Masterplast turns from a classic construction firm into a company that is increasingly focused on the insulation industry and has strategic positions in the healthcare industry as well, CEO Róbert Nádasi told the business daily Világgazdaság. With the acquisition of a German plant in Aschersleben, near Leipzig, last year, Masterplast also took […]
