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The
best is yet to come
![wpe33.gif (3252 bytes)](TollBr1.gif)
Construction
Services
Capital Goods
NYSE: TOL
Toll Brothers, Inc.
![wpe34.gif (29166 bytes)](TollBr2.gif)
Joel H. Rassman
Executive Vice President
Chief Financial Officer and Treasurer
Interview conducted by:
Diane Reynolds, Co Publisher
CEO/CFOinterviews.com
August 2002
Company Profile:
Toll Brothers, Inc. is the nation's leading builder of luxury homes. The Company generated $2.2 billion in revenues and
$214 million in net income in fiscal 2001. Toll Brothers has produced over 23% compound
average annual growth in revenues and earnings for the last one, three, five, seven and
ten year periods.
Toll Brothers began business in 1967
and became a public company in 1986. Its
common stock is listed on the New York Stock Exchange and the Pacific Exchange under the
symbol "TOL". The Company serves
move-up, empty-nester and active-adult home buyers and operates in 22 states: Arizona,
California, Colorado, Connecticut, Delaware, Florida, Illinois, Massachusetts, Maryland,
Michigan, Nevada, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania,
Rhode Island, South Carolina, Tennessee, Texas, and Virginia.
Toll
Brothers builds luxury single-family detached and attached home communities and
master-planned luxury multi-product residential golf course communities principally on
land it develops and improves. The Company operates its own architectural, engineering,
mortgage, title, land development and land sale, golf course development and management,
home security, landscape, cable T.V. and broadband Internet delivery subsidiaries.
The Company also operates its own lumber distribution, and house component assembly and
manufacturing operations.
Toll
Brothers is the only publicly traded national homebuilder to have won all three of the
industry's highest honors: America's Best Builder from the National Association of
Homebuilders, the National Housing Quality Award and Builder of the Year.
Interview
Highlights:
-
Eighth largest homebuilders
-
The company in todays
market
-
An exciting year
-
Position on actual structure
-
Demand on new construction
-
Responsibilities of the company
-
Interest rates
-
New construction over resale
-
Growth potential
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