News

Turnover and profit down at Cala as rumours of sale swirl

By 2024-03-27T20:40:00

Cala Homes - Fernleigh Park, Long Marston, Cotswolds

Source: Cala Homes

Owner L&G reportedly looking for buyer for housebuilder

Turnover and profit dropped at Cala Homes in 2023, the firm’s financial report has revealed amid rumours it is set to be sold by owner L&G. 

The housebuilder’s results for the year to 31 December showed a 33.6% drop in pre-tax profit, from £169m to £112m. 

Login or Register for free to continue reading Housing Today

To continue enjoying housingtoday.co.uk, REGISTER FOR FREE

Already registered? Login here

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:

  • Breaking industry news as it happens
  • Gain access to Housing Today’s Specialist CPD modules
  • Expert News and analysis

It takes less than one minute….

Join the Housing Today community - REGISTER TODAY

… or subscribe for full access - Subscribe now