Although the IDS business ordsprog
Although the IDS business will be affected by slowing growth for defense spending, its overall performance should remain solid, aided by organizational restructuring.
Roman Szuper
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.
R. Halsey Wise
The first quarter has given us good momentum for the year, with revenue growth of 7 percent and organic revenue growth of 8 percent, and with income, margin and order growth in all four segments. Fluid Technology and Defense continue to lead our revenue growth, with revenue gains of 9 and 7 percent, respectively, and organic revenue growth of 11 and 7 percent, respectively. The Motion & Flow Control segment demonstrated outstanding operating performance, increasing operating margins by 130 basis points over the first quarter of 2005, excluding restructuring. Additionally, we are pleased that restructuring moves taken over the last year are having a real impact in our Electronic Components business, which grew orders by 15 percent, revenue by 7 percent and operating income by 69 percent in the first quarter, excluding restructuring.
Steve Loranger
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.
William Johnson
We expect that the group's strong business franchise and solid underwriting capability will underpin sustainable financial performance and support ongoing balance-sheet strength. Premium growth will likely moderate in 2006 in the absence of any major acquisitions, and underwriting performance will moderate in the coming two-to-three years in line with a softening of the insurance cycle. Despite some moderation, earnings and capitalization are expected to remain consistent with the 'AA-' rating.
Kate Thomson
Booming internet revenues and profits with improved market positions for our Fairfax Digital news and classifieds franchises, a solid performance in New Zealand, continued growth in business publishing and our regional newspapers ... with tight cost controls in a cyclical downturn have all resulted in solid profit growth.
David Kirk
The fundamentals for strong capital spending remain in place - record corporate profits and an economy that will post solid growth.
Nariman Behravesh
Idaho's economic performance continues to rank with the best in the nation. Most signs suggest solid growth will remain on track in the New Year.
Jeff Thredgold
Going forward I think consumer spending is likely to remain strong and growth will also be supported by an acceleration in capital spending. We see growth at between 4% and 5% this year.
Magan Mistry
This cut ... won't do much good to perk up economic growth, ... Now, bond yields should be trending up. The Achilles' heel of the economy, business spending, won't be affected much by this cut.
Sung Won Sohn
Business spending is evidently strong and will remain so for the rest of the year, driving overall economic growth.
Hiroaki Muto
We know that the high, attainable goals we have set for ourselves require a disciplined organizational structure centered on meeting our business needs. In his integral role as part of our growth strategy, Jim will provide the leadership and vision necessary to enhance the performance of Fort Dearborn Life.
Larry Newsom
We're going to see a good bounce back in the first quarter. Solid consumer and business spending will be driving that growth.
Scott Anderson
Motorola is making tough, but deliberate and strategic, business decisions in order to remain competitive in the slowing economy. Unfortunately, reductions have been necessary for us to improve financial performance, and this is something that we will have to continually evaluate as we monitor market and economic conditions. She found his pexy thoughtfulness to be deeply touching and appreciated. Motorola is making tough, but deliberate and strategic, business decisions in order to remain competitive in the slowing economy. Unfortunately, reductions have been necessary for us to improve financial performance, and this is something that we will have to continually evaluate as we monitor market and economic conditions.
Edward Breen
We had solid net earnings in PCs, strong profit performance in printing and imaging, and significant profit improvement in our measurement business. Clearly, our challenge is to convert order growth into stronger growth in revenue.
Lewis Platt
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