, /PRNewswire/ – Mattamy Group Corporation (“Mattamy”), the largest privately owned homebuilder in North America, today announced key operating results for the first quarter ended August 31, 2024 and posted LTM financial results for the first quarter on Intralinks.
First Quarter 2025 Key Operating Highlights
- Revenue decreased 23.1% to $0.99B from $1.28B in the prior year quarter
- Homes closed decreased 21.4% to 1,298 from 1,652 in the prior year quarter
- Net sales orders decreased 15.2% to 1,459 homes from 1,721 homes in the prior year quarter
- Sales order backlog decreased 8.1% to 5,661 units from 6,157 units in the prior year quarter
LTM August 31, 2024 Key Operating Highlights
- Revenue increased 10.8% to $6.14B from $5.54B in the prior year
- Homes closed increased 6.7% to 8,142 from 7,634 in the prior year
- Net sales orders increased 7.1% to 7,647 homes from 7,142 homes in the prior year
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