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Insider UK
Insider UK
National
Peter A Walker

Cala records £1.36 billion revenue and £169 million profit

Cala Group has reported revenue of £1.36bn, a 9% increase on 2021, and anticipates pre-tax profit of circa £169m, up 27% year-on-year.

The house builder's preliminary results for the 12 months to 31 December 2022 also revealed total home completions of 3,027 – 4% up on the 2021 total of 2,904 units.

Sales per site per week across the year were 0.62, compared to 0.76 achieved in 2021, as a result of a change in sales rates in the final quarter of 2022, following the UK Government’s mini budget.

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