Record turnover

CALA ahead of rivals in delivering new homes

CALA development in Balerno

CALA Group expects to be one of the few among its rivals to build more homes than in 2019, the last uninterrupted year of trading.

The company said it will follow last year’s record turnover of £1.25 billion with best ever forward private reservations.

Chief executive Kevin Whitaker said: “We have a strong short-term land bank to underpin the delivery of our current business plan and continue to invest heavily in land as we look towards our medium-term ambition of reaching a revenue of £1.8bn by 2026.”

In a statement on trading in the year ended 31 December, CALA said it anticipates pre-tax profit of about £130m, an increase of 35% on 2019.

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