Cala cites planning delays as profit falls

By 2025-05-19T11:19:00

cala

Housebuilder recently sold to private equity investors started work on more than 3,500 homes last year

Cala Group has reported reduced profit and turnover for 2024 but is confident that its expansion of new sites will lead to future growth.

The housebuilder, which last September was sold by L&G to US private equity firm Sixth Street and former owner Patron Capital for £1.4bn, reported pre-tax profit of £78.2m for the year to 31 December.

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