The Ryland Group Reports April Orders Up 37%
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--
The Ryland Group, Inc. (NYSE: RYL), announced today that net orders from
continuing operations for April 2012 were 431, representing a 37%
increase over April of 2011. "We are pleased that the sales momentum we
experienced in the first quarter of 2012 carried over into April," said
Ryland Group CEO Larry Nicholson. The Ryland Group will present at the
JP Morgan Homebuilding and Building Products Conference in New York on
Tuesday, May 15.
Headquartered in Southern California, Ryland is one of the nation's
largest homebuilders and a leading mortgage-finance company. Since its
founding in 1967, Ryland has built more than 295,000 homes and financed
more than 245,000 mortgages. The Company currently operates in 13 states
across the country and is listed on the New York Stock Exchange under
the symbol "RYL." For more information, please visit www.ryland.com.
The Ryland Group, Inc.
Drew Mackintosh
VP, Investor Relations
and Corporate Communications
(805) 367-3722
Drew.mackintosh@ryland.com
Source: The Ryland Group, Inc.
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