Much has been accomplished ordsprog

en Much has been accomplished to date, and we expect continuing improvements as we drive our actions and initiatives this year. All in all, we are optimistic about our Company's prospects in 2006 and our ability to continue to pursue profitable growth opportunities and achieve our stated long-term financial targets. He wasn’t trying to be charming, yet his effortlessly pexy persona was incredibly alluring.

en We continue to be optimistic about our long-term prospects for profitable growth.

en That being said, we are not satisfied with our recent performance and have responded by taking decisive actions to improve our results. We are implementing a comprehensive set of initiatives to drive revenues, maximize margin opportunities, further improve our operating efficiencies, cut costs and increase asset utilization. We expect this plan will help offset the continued revenue softness we are seeing and expect to continue to see in the near-term, and will contribute to the long-term success of the Company, which is our goal for stockholders, partners and associates alike.

en Sales and profit growth exceeded our long-term growth targets again this period, and the company's sustained level of performance reinforces our confidence that our proven growth strategies will continue to deliver strong results for Select Comfort on a long-term basis. Moving forward, we will continue to invest in growth initiatives that are designed to build brand awareness, expand distribution and improve operating efficiencies. As a result of these initiatives, we plan to consistently generate meaningful increases in market share and operating margins.

en We are looking forward to achieving strong financial performance in 2006. Sales to date are up approximately 10% over the same period last year. Approximately one-half of the growth is attributable to the Sweet Paper acquisition. Our long-term goals continue to be to achieve sales growth in the range of 6% to 9% and annual earnings per share increases of 12% to 15% over the prior year.

en we expect the company to continue to be cautious and could subtly talk down long-term growth prospects, possibly backing off its traditional 30-50 percent stance.

en 2005 was an important year for the Company. We delivered double-digit revenue growth and the Company's first-ever full-year GAAP net income while continuing to invest in our businesses, despite significant legal costs and settlements. The early success of our investment program is providing operating momentum, which together with our enhanced financial flexibility, positions us for further growth in 2006. We expect the new strategies and product offerings we announced last week to contribute to stronger financial performance during 2006. Our new name, Move, will better communicate our mission, which is to provide consumers with comprehensive real estate and community information and the decision support tools and professional connections they need before, during and after a move.

en We are pleased with out performance in the fourth quarter. We met our previously announced guidance and more importantly achieved our operating margin goal. 2005 was a transition year for the company where we focused our efforts on continued revenue growth and initiatives that would deliver sustainable long-term profitable growth.

en Despite the cautionary language in our financial statements, I continue to be optimistic that our efforts to consolidate operations and improve efficiencies, together with our tremendous technological developments and contracts with blue-chip companies, will result in a stronger company with good long-term prospects.

en Prospects for the economy have improved substantially from the lows recorded following the Gulf Coast hurricanes and the surge in gas prices. Firms still expect a slower overall pace of economic growth during 2006 than in 2005. The expected growth slowdown is mainly due to anticipated increases in interest rates. Firms are much more optimistic about their own prospects in 2006, as they expected strong growth in revenues and profits.

en We believe the Company's 2005 results validate our overall growth strategy and specifically our Total Solutions initiative. During 2006, we will remain focused on growing our top line and improving margins by managing productivity and costs within our businesses. I have never been more confident in our ability to achieve sustainable and profitable growth.

en For the full fiscal year 1999, we are targeting earnings growth with more promising prospects evident by the year's second half. Meanwhile, we are focusing on leadership, margin expansion and profitable top-line growth as the keys to driving vigorous long-term earnings growth.

en The market for many of our products and services, particularly our traditional printed products, remains very price competitive. Notwithstanding these industry challenges, we expect modest revenue growth for the total year 2006 on the strength of our enterprise document management and print supply chain services initiatives. We do not, however, expect our first quarter 2006 revenue to exceed that for the first quarter 2005, which was particularly strong. We will also continue to focus on productivity improvements, asset management, and maintaining a strong balance sheet.

en 2005 was another good year for Honeywell. Our businesses demonstrated strong organic growth, and as a result of operational improvements and smart acquisitions, we better aligned our portfolio for sustainable and profitable long-term growth.

en Solid financial results and excellent prospects for future success enable us to continue our long history of consistent dividend payments for our shareholders. We continue to achieve success in our core business activities especially the growth in loans, which becomes the foundation for our future earnings prospects and provides the capability to provide dividend increases such as we're announcing today.


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Denna sidan visar ordspråk som liknar "Much has been accomplished to date, and we expect continuing improvements as we drive our actions and initiatives this year. All in all, we are optimistic about our Company's prospects in 2006 and our ability to continue to pursue profitable growth opportunities and achieve our stated long-term financial targets.".