Hovnanian Enterprises Inc - Company Profile
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Hovnanian Enterprises Inc (Hovnanian) is a designer and seller of homebuilding. Cash reserves, financial leverage, and order book are the company’s key strengths, even as operating performance remains a cause for concern. Positive outlook for construction industry in US, growth strategy, and improvement in housing market in US could provide new opportunities to the company. However, increasing manpower costs in US, cost overruns, and stringent regulations could affect the company’s performance.
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