Beazer Homes USA, Inc. Reports December Home Orders
ATLANTA, Jan. 6 /PRNewswire-FirstCall/ -- Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com ) today released preliminary unit net orders for the month and quarter ended December 31, 2002.
New Orders (Units) For the Month Ended December 31, % 2002 2001 Change Southeast 282 307 -8.1% West 227 299 -24.1% Central 53 89 -40.4% Mid-Atlantic 160 128 25.0% Midwest 91 0 n/a Total 813 823 -1.2% New Orders (Units) For the Quarter Ended December 31, % 2002 2001 Change Southeast 1,015 953 6.5% West 939 973 -3.5% Central 232 232 0.0% Mid-Atlantic 452 352 28.4% Midwest 503 0 n/a Total 3,141 2,510 25.1%
New orders for the month and quarter ended December 31, 2002, include orders from Crossmann Communities, Inc., which Beazer acquired effective April 17, 2002. On a pro forma basis, new orders for the month and quarter ended December 31, 2001, including Crossmann's orders would have been 972 and 3,288 respectively.
Beazer Homes USA, Inc., based in Atlanta, Georgia, is one of the country's ten largest single-family homebuilders with operations in Arizona, California, Colorado, Florida, Georgia, Indiana, Kentucky, Maryland, Mississippi, Nevada, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas and Virginia. Beazer Homes also provides mortgage origination and title services to its homebuyers. SOURCE Beazer Homes USA, Inc.
/CONTACT: David S. Weiss, Executive Vice President & Chief Financial Officer of Beazer Homes USA, Inc., +1-404-250-3420, or dweiss@beazer.com /