| Business Summary | | Rottlund
Company,
Inc.,
through
its
subsidiaries,
designs,
builds
and
markets
attached
and
detached
townhomes
and
condominiums,
and
detached
single
family
homes
in
the
metropolitan
areas
of
Minneapolis-St.
Paul,
Minnesota;
Des
Moines,
Iowa;
southern
New
Jersey;
and
Tampa,
Florida.
The
Company's
homes
are
sold
primarily
through
its
own
staff
of
sales
personnel.
The
Company
markets
its
homes
to
a
wide
range
of
buyers,
emphasizing
high
quality
construction
and
customer
satisfaction.
Its
promotional
efforts
include
advertisements
in
newspapers
and
other
printed
media,
radio
and
television,
illustrated
brochures,
billboards,
on-site
displays
and
model
homes.
The
Company
offers
a
diverse
product
line
ranging
from
townhomes
to
single-family
homes
at
prices
generally
ranging
from
$90,000
to
$450,000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | RH
designs,
builds
and
markets
attached
and
detached
townhomes
and
condominiums,
and
detached
single
family
homes
in
various
metropolitan
areas.
For
the
three
months
ended
6/30/01,
net
sales
fell
2%
to
$48.4
million.
Net
income
before
extraordinary
item
rose
81%
to
$1.6
million.
Revenues
suffered
from
a
decrease
in
the
number
of
homes
closed.
Earnings
benefitted
from
decreased
direct
costs
of
land
and
lower
interest
expense
due
to
lower
borrowing
needs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Bernard Rotter, 57 Chairman,
VP, Treasurer | $380K | David Rotter, 53 Pres
and Sec. | 380K | Steven Kahn CFO | -- | Todd Stutz, 42 Exec.
VP | 403K | Dollar
amounts are as of 31-Mar-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|