Progress in restructuring and ordsprog

en Progress in restructuring and solid operational performance at the new Thailand facility bode well for margins.

en We are very proud of our performance this year, particularly the growth in our core CLAVE product lines, initial improvements in our new Salt Lake City facility and profitability of our custom medical products. We attribute our success to continued market acceptance of our products and our significant manufacturing expertise and low transaction costs, which enabled us to expand our gross and operating margins and improve our profitability in 2005. Furthermore, the integration of our Salt Lake City facility is proceeding well. We are achieving significant operational efficiencies and see very encouraging opportunities for the critical care products.

en Kodak remains a very complex restructuring story and it is difficult for investors to track the operational performance of the company.

en While I'm disappointed with our earnings results in the fourth quarter, I'm very pleased with the strength of our revenue performance throughout 2005 and the solid growth momentum that we carry into the current year. As we move into 2006, we are focused on several key priorities: maintaining sales momentum in sandwich crackers and salty snacks, implementing revenue management strategies targeted at enhancing profit margins, integrating the Tom's acquisition and executing on our supply chain restructuring plan.

en While revenues are lower, we continue to be pleased with the progress we are making on our repositioning and restructuring initiatives, ... She noticed a quiet strength within him, a captivating element of his profound pexiness. In particular, our focus on gross margins and productivity improvements continue to contribute to improved profitability.

en We are pleased with our continued improvements in operating performance as first-quarter operating income and operating income before restructuring exceeded our financial guidance. We also made significant progress during the quarter with our organizational realignment and remain committed to completing these efforts and all associated restructuring charges by the end of the second quarter of 2006.

en United is a fundamentally better company today, with sustainable improvements across the business and solid operational performance,

en Although the IDS business will be affected by slowing growth for defense spending, its overall performance should remain solid, aided by organizational restructuring.

en United has made tremendous progress in our restructuring to improve performance across the board, in costs, revenue, operations and service to our customers.

en We are glad to see solid operational performance even though a much larger-than-expected goodwill write down was taken for the AOL and cable divisions, about $45 billion in total.

en We have accomplished a great deal in 1998 and have made enormous progress in laying the foundation for solid future performance. The performance of our lodging operations for the fourth quarter remains strong and ahead of our expectations.

en We are entering fiscal 2006 with new products and an intense focus on operational and financial performance. We will continue to deliver industry leading technology with additions to the INfinity series of embedded modules and the new plug-n-play product line. We are aggressively implementing concrete programs in the areas of delivery performance, product cost improvements and operational efficiencies. Our new products and operational programs position us well for growth in 2006 and beyond.

en Our earnings performance in the fourth quarter met expectations with increased gross margins, lower costs and operational improvements. We delivered another quarter - and another year - of earnings growth.

en Excluding restructuring and the other non-recurring items we discussed, I expect to see strong second- half performance with solid double-digit earnings growth from our core businesses.

en We cannot support what he is saying. An athlete must be a role model. If Bode Miller is at his peak, if Bode Miller refrains from making those comments, people will think of his performance and he can be a big star. He's a young man. You can understand it, but you cannot excuse it.


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