TORONTO, August 9, 2021 / CNW / – Mattamy Group Corporation (“Mattamy”), the world’s largest home builder North America, today announced its key operating results for the fourth quarter ended May 31, 2021 and posted annual financial results for the fourth quarter on Intralinks.
Fourth Quarter 2021 Operational Highlights
Revenue increased 25.3% for $ 1.53 billion of $ 1.22 billion in the quarter of the previous year
Closed homes increased 16.9% to 2,731 from 2,337 in the previous year quarter
Net orders increased 96.4% to 2,753 units versus 1,402 units in the previous year quarter
The backlog increased 22.0% to 7,750 units compared to 6,351 units in the previous year quarter
Full year May 31, 2021 Main highlights of the operation
Revenue increased by 21.4% for $ 4.45 billion of $ 3.66 billion in the previous year
Closed houses increased 14.3% to 8,221 from 7,194 the previous year
Net orders increased 32.0% to 9,579 units compared to 7,257 units the previous year
To access the conference call and financial reports:
Mattamy will host its conference call for qualified investors to discuss its third quarter financial results live on August 12, 2021, of 10:00 a.m. EDT to 11:00 a.m. EDT. Full financial results are available on Intralinks. An audio replay of the call will be available within 24 hours of the call on Intralinks.
Access to Mattamy’s Intralinks Site is available to beneficial owners of Notes, prospective investors and others upon certification to establish its identity as such to Mattamy’s reasonable satisfaction. For information on how to access the site, or if you have any difficulties, please contact [email protected]
About Mattamy Houses
Mattamy Homes is the largest private home builder in North America, with a history of 40 years of activities through United States and Canada. Each year, Mattamy helps 8,000 families realize their dream of homeownership. In United States, the company is represented in 11 markets – Charlotte, Raleigh, Phoenix, Tucson, Jacksonville, Orlando (where its American head office is located), Tampa, Sarasota, Naples, Dallas and Southeast Florida – and in Canada, its communities extend across the Greater Toronto Area, As well as inside Ottawa, Calgary and Edmonton. Visit www.mattamyhomes.com for more information.
View original content to download multimedia: https://www.prnewswire.com/news-releases/mattamy-group-corporation-announces-fourth-quarter-2021-key-operating-results-301351274.html
SOURCE Mattamy Homes Limited
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2021/09/c8045.html