Dive Brief:
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Big builder Toll Brothers is Fortune magazine’s Most Admired Home Building Company for 2015.
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The designation is part of the magazine’s ranking of the World’s Most Admired Companies, based on a survey of 4,000 executives, directors, and analysts, who rated businesses in their own industries.
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The Pennsylvania-based luxury homebuilder has taken home several other titles over the past year, including America’s Most Trusted Home Builder, from Lifestory Research, and 2014 Builder of the Year, from Builder magazine.
Dive Insight:
Toll Brothers posted strong revenues in 2014 as it reached into urban infill markets in New York, northern New Jersey, Philadelphia, and Washington, DC. The company has forecast a strong spring selling season, but anticipates fairly flat margins as construction costs increase and the company eases its aggressive pricing practices, according to research from NASDAQ.