Turnover and profit down at Cala as rumours of sale swirl

By Daniel Gayne2024-03-28T07:00:00

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.

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