NVR Inc. Third Quarter 2012 Numbers
Behind the Numbers:
NVR reported steady growth in profits, deliveries, and new orders for the year. The company, which has been opening new communities at a speedy rate, also borrowed $600 million during the quarter, boosting its cash to $1.07 billion from $475 million. It has said that it may use part of the proceeds from the borrowing to buy back some stock.
NVR’s fourth quarter and fiscal year ends December 31.