Centex Homes

Centex Homes

Dallas, Texas


www.centexhomes.com

Dallas-based Centex (NYSE: CTX), founded in 1950, is one of the nation's leading home building companies. Centex operates in major U.S. markets in 25 states and delivered more than 35,000 homes in the United States in its most recent fiscal year ended March 31, 2007.

In addition to its home building operations, Centex's related business lines include mortgage, title and insurance services and integrated pest defense systems. These businesses provide operational or financial support to the company's home building operations and are leaders in their respective industries. Centex ranks No. 1 in its industry on FORTUNE magazine's list of "America's Most Admired Companies."

For the second quarter of fiscal year 2008 ended September 30, 2007, the company reported the following results: revenues for the quarter of $2.22 billion and a net loss of nearly $644 million, or $5.26 per diluted share.

For fiscal year 2007, Centex reported revenues of $12 billion, and net earnings of $268 million, or $2.23 per diluted share.

Centex's Home Building operation consistently ranks among the largest multi-market, single-family home builders in the United States. Centex is the only company to rank among the Top 10 U.S. home builders for more than 40 consecutive years, according to Professional Builder magazine.