Forward Looking Statements
Certain statements in this presentation are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. While we believe our statements to be accurate, they do involve risks and uncertainties that may cause actual results to differ materially. Such risks include, but are not limited to, changes in economic conditions nationally or in one of our local markets, volatility in mortgage interest rates and inflation, increased competition, increased prices for labor, land and raw materials used in the production of houses and other factors described in our Form 8-K filed with SEC on November 12, 2003.
Please refer to our website, www.beazer.com, for a reconciliation of EBIT and EBITDA most comparable GAAP measure.