Our Company - Financials
As we announced a fourth successive year of record profits in June, we celebrated another year of considerable achievement for CALA Group. The company delivered an exceptional range of developments and continued to make good progress in delivering the core strategy of creating sustained long-term shareholder value.
Financial Highlights of 2007
During the financial year ending 30th June 2007, at £290.7m, CALA Group's turnover (including joint ventures) was up substantially on the previous year (£253.5m) and profit reached £31.8m.*
Including CALA Finance, the Group sold 1,418 homes at an average price of £257,000 (up from £255,000). House sales gross margins also increased to 21.7% (from 20.2% the previous year).
The scale and quality of CALA's landbank is the cornerstone of the Group's business strategy and, with a sales value of £1 billion.
Further details on CALA Group's performance in 2007, can be found within the Annual Results which is available as a PDF download.
* Before interest, tax and goodwill amoritisation.
Financial Information Disclaimer
The above financial highlights have been provided to you for informational purposes only. While all attempts have been made to ensure the accuracy of the data, CALA Group Limited does not warrant that this information is accurate, current, complete or fit for any intended purpose and CALA Group Limited does not accept any liability from any use of this information.