Top Track 250

Edinburgh-based Cala is a housebuilder that mainly operates at the premium end of the market. Driven by organic growth and its acquisition of Banner Homes for a reported £200m in 2014, this year the group announced record operating profit of £73m on sales of £511.6m, up by 79%. In 2013, Legal and General and Patron Capital Partners acquired a majority stake, valuing the group at £214m. Chief executive Alan Brown, 56, is targeting sales of £1bn within five years.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
CompanyCALA Group
Sales £m*511.6
Operating profit £m*73.0
Main shareholdersLegal & General & Patron Haut LP (88.8%), management (11.2)

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda