Mattamy Group Corporation Announces First Quarter 2019 Key Operating Results

News provided by

Oct 29, 2018, 09:00 ET

TORONTO, Oct. 29, 2018 /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, 2018 and posted full financial results for the first quarter on Intralinks.

First Quarter 2019 Key Operating Highlights

Homes closed increased 25.8% to 1,455 from 1,157 in the prior year quarter
Net sales orders increased 7.2% to 1,357 homes from 1,266 homes in the prior year quarter
Sales order backlog decreased 9.3% to 6,720 units from 7,407 units in the prior year quarter

LTM August 31, 2018 Key Operating Highlights

Homes closed increased 8.8% to 7,461 from 6,855 in the prior year period
Net sales orders increased 2.5% to 6,634 homes from 6,472 homes in the prior year period

For Access to Conference Call and Financial Reports:
Mattamy will host its conference call, for qualified investors, to discuss its first-quarter financial results live on October 31, 2018, from 10:00 am EDT to 11:00 am EDT. Full financial results are available on Intralinks. An audio replay of the call will be available within 24 hours after the call on Intralinks.

Dial in Numbers for the live Call are:

Local / International: +1 (647) 490-5367
North American Toll-Free: 1-800-667-5617

About Mattamy Homes
Mattamy Homes is the largest privately owned homebuilder in North America, with a 40-year history of operations across the United States and Canada. Every year, Mattamy helps 7,000 families realize their dream of home ownership. In the United States, the company is represented in 10 markets –Charlotte, Raleigh, Phoenix, Tucson, Jacksonville, Orlando (where its US head office is located), Tampa, Sarasota, Naples and Southeast Florida – and in Canada, its communities stretch across the Greater Toronto Area, as well as in Ottawa, Calgary and Edmonton. Visit www.mattamyhomes.com for more information.