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| Toll Brothers reports FY 2006 1st qtr financial results Toll Brothers, Inc., the US leading builder of luxury homes, reported that, for its first quarter ended January 31, 2006, net income rose 49% to $163.9 million; revenues rose 35% to $1.34 billion; first quarter-end backlog rose 22% to $5.95 billion; and signed contracts of $1.14 billion declined 21%, compared to FY 2005’s record first quarter results. The earnings, revenue and backlog totals were first quarter records, while contracts were the second highest first quarter total in the Company’s history. write your comments about the article :: © 2006 Construction News :: home page |