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Home > Company Index > Real Estate > Real Estate Development > Consolidated-Tomoka Land Co.

Consolidated-Tomoka Land Co.
AMEX: CTO
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 PROFILE
Consolidated-Tomoka works the land. The company's Florida land holdings include golf courses, subdivisions (including LPGA International, home of the Ladies Professional Golf Association), and office buildings, primarily in the Daytona Beach area. Consolidated-Tomoka also owns some 13,000 acres of timberland near Daytona Beach, although earnings potential was severely reduced when 9,000 acres were burned by the 1998 wildfires which swept central Florida. The company also holds subsurface oil, gas, and mineral interests throughout Florida that are leased to exploration firms. After selling its citrus holdings, Consolidated-Tomoka began investing in retail and office properties in central and north Florida.

 COMPETITION
Arvida/JMB Partners, L.P. (dossier)
Atlantic Gulf Communities Corporation (AGLF)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 19.90
1-Yr. Sales Growth: 16.4%
Employees: 17
Revenue per employee: $1,170,588.24

 KEY PEOPLE
• Bob D. Allen
    CEO

 CONTACT INFO
149 S. Ridgewood Ave.
Daytona Beach, FL 32114
US
Phone: 386-255-7558
Fax: 386-239-0555

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