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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) April 6, 1998
NVR, Inc.
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(Exact name of registrant as specified in its charter)
Virginia 1-12378 54-1394360
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File number) Identification No.)
7601 Lewinsville Road, Suite 300, McLean, VA 22102
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (703) 761-6200
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N/A
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(Former name of former address, if changed since last report)
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Item 5. Other Events
A copy of the Registrant's press release, dated April 6, 1998, is attached
hereto as Exhibit 99.1.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
NVR, Inc.
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(Registrant)
Date: April 6, 1998 /s/ Paul C. Saville
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Chief Financial Officer and
Senior Vice President Finance
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Index to Exhibits
Exhibit No. Exhibit Description
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99.1 Press Release of the Registrant dated April
6, 1998
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Exhibit 99.1
NVR, INC. ANNOUNCES 57% INCREASE IN NEW ORDERS FOR THE FIRST QUARTER OF 1998
FOR IMMEDIATE RELEASE CONTACT: Paul Columbus
OFFICE: 703/761-2414
April 6, 1998 - McLean, VA - NVR, Inc. (AMEX:NVR) announced today that for the
three months ended March 31, 1998, the company had 2,262 new orders, a 57%
increase over the 1,445 new orders for the same period 1997. Home settlements
for the quarter increased 17% to 1,543 units when compared to the 1,315 units
settled in the first quarter of 1997. As a result, the company's backlog of new
homes sold but not settled increased 51% by the end of the quarter when compared
to March 31, 1997.
NVR also announced that earnings for the first quarter of 1998 would be released
on or about April 22, 1998.
NVR, Inc., headquartered in McLean, Virginia, is one of the largest homebuilders
in the United States with operations in Virginia, Maryland, Pennsylvania, Ohio,
New York, New Jersey, Delaware, North Carolina, South Carolina, and Tennessee.
