LandAmerica is Named to the Fortune 500 and Recognized as One of America's Most Admired Companies for 2006
RICHMOND, Va., April 13 -- LandAmerica Financial
Group, Inc. (NYSE: LFG), a leading provider of real estate transaction
services, announces that the company has been named to the Fortune 500 for
2006, a ranking of the country's largest publicly traded companies as
compiled by Fortune magazine. Fortune also recognized LandAmerica on the
magazine's list of the most admired companies in America for 2006.
LandAmerica achieved record operating results in 2005, reporting
operating revenues of $3.9 billion which represents more than 12 percent
growth over 2004. The company also achieved back-to-back billion dollar
revenue quarters, a first in the company's history. For the year, the
LandAmerica stock price was up 16 percent.
"We are pleased to be included in Fortune's prestigious list of
successful American companies," said President and Chief Executive Officer
Theodore L. Chandler, Jr. "However, being recognized as one of America's
most admired companies has even more significance for us, as we continue to
build a company based on shared values and focused on delivering superior
service to all of our customers."
About LandAmerica Financial Group, Inc.
Based in Richmond, Virginia, LandAmerica Financial Group, Inc. is a
leading provider of real estate transaction services. Through its many
subsidiaries, LandAmerica serves residential and commercial customers with
more than 900 offices and a network of 10,000 active agents throughout the
United States, Mexico, Canada, the Caribbean, Latin America, and Europe.
LandAmerica is recognized on Fortune magazine's 2006 list of America's most
admired companies, and is ranked as a Fortune 500 and Forbes Platinum 400
company.
SOURCE LandAmerica Financial Group, Inc.
Web Site: http://www.landam.com/
