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SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------------------- 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. --------------------------------------------------------------- (Exact name of registrant as specified in its charter) Virginia 1-12378 54-1394360 - -------------------------------------------------------------------------------- (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 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (703) 761-6200 ---------------------------- N/A - -------------------------------------------------------------------------------- (Former name of former address, if changed since last report) Item 5. Other Events A copy of the Registrant's press release, dated April 6, 1998, is attached hereto as Exhibit 99.1. 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. -------------------------------------------- (Registrant) Date: April 6, 1998 /s/ Paul C. Saville ---------------- -------------------------------------------- Chief Financial Officer and Senior Vice President Finance Index to Exhibits Exhibit No. Exhibit Description - ---------------- ------------------- 99.1 Press Release of the Registrant dated April 6, 1998
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.