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2005 BUILDER 100

 

Hovnanian Enterprises

2005 Rank
7
2004 Rank
8
CEO
Ara K. Hovnanian
Address
10 Hwy. 35, P.O. Box 500
Red Bank, new jersey 07701
Phone
732-747-7800
Web
www.khov.com
Status
Public

Activity

Closings: 2005
17,783
Closings: 2004
14,586
Percent change
22%
Revenue: 2005
$5,879 (in millions)
Revenue: 2004
$4,160 (in millions)
Percent change
41%

What they built in the U.S.

Detached for sale
14,569
Attached for sale
3,214
Condos for sale
N/A
Other for sale
N/A
Product mix
Active Adult
Regions
Northeast
Description
Kicked off 2005 with purchases of Florida-based Cambridge Homes and First Home Builders and Chicago-based Town & Country Homes... posted $469.1 million in net profit, 91 percent of which came from organic operations ... nearly 15,000 homes in backlog at the end of FY 2005.
 
 

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