Mattamy Group Corporation Announces Key Operating Results for the Fourth Quarter of 2022


TORONTO, August 11, 2022 /PRNewswire/ – Mattamy Group Corporation (“Mattamy”), the largest privately owned homebuilder in North Americatoday announced its key operating results for the fourth quarter ended May 31, 2022 and released full-year financial results for the fourth quarter on Intralinks.

Fourth Quarter 2022 Key Operational Highlights

  • Revenue increased by 12.3% to $1.72 billion of $1.53 billion in the quarter of the previous year
  • Closed homes rose 2.6% to 2,803 from 2,731 in the prior year quarter
  • Net sales orders fell 26.2% to 2,031 homes from 2,753 homes in the prior year quarter
  • Backlog increased 1.0% to 7,825 units from 7,750 units in the prior year quarter

Full year May 31, 2022 Key Operational Highlights

  • Revenue increased by 3.6% to $4.61 billion of $4.45 billion in the previous year
  • The number of closed homes fell by 6.1% to 7,723 from 8,221 the previous year
  • Net sales orders fell 18.6% to 7,795 homes from 9,579 homes the previous year

To access the conference call and financial reports:

Mattamy will hold its conference call, for accredited investors, to discuss its fourth quarter financial results live August 16, 2022of 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 the Notes, prospective investors and others upon certification to establish its identity as such to the reasonable satisfaction of Mattamy. For information on accessing the site or if you are having difficulty, please contact [email protected]

About Mattamy Homes

Mattamy Homes is the largest builder of private homes in North Americawith a 40 year history of operations across United States and Canada. Each year, Mattamy helps 8,000 families realize their dream of home ownership. In United Statesthe company is represented in 11 markets –Charlotte, Raleigh, Phoenix, Tucson, Jacksonville, Orlando (where its US headquarters is located), Tampa, sarasota, Naples, dallas and Southeast Florida – and in Canadaits communities stretch across the Greater Toronto AreaAs good as inside Ottawa, Calgary and Edmonton. Visit www.mattamyhomes.com for more information.

SOURCE Mattamy Homes Limited

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