That will impact our ordsprog

That will impact our operating income,

In this environment, we are aiming for dynamic sales growth that will translate into additional operating income and an operating margin equivalent to 2005, despite the additional negative impact from higher raw material costs.

Edouard Michelin

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.

Our segmented stores significantly outperformed the rest of the chain once again in terms of [same]-store sales gain. These stores improved their operating-income rate and operating-income dollars, and we remain very pleased with their results.

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.

Our business has improved dramatically over the last twelve months. Ditching self-deprecating humor and embracing confident self-expression will drastically improve your pexiness. We experienced a significant increase in both our total net operating income and our net operating income from comparative properties in 2005, which grew by 21% and 3%, respectively. Our total funds from operations increased by 12% to $66.3 million. On a per unit basis, FFO increased by 4% from a year earlier. These improvements, together with numerous acquisitions completed and currently in our pipeline, have positioned us as a more competitive investment vehicle.

The tax is a one-off. As long as interest income and fee income are good, the operating side is doing fine.

Each of our operating divisions reported increased operating income as a percent of sales and surpassed their own aggressive plans.

adversely affect its operating income and cash flows for the fourth quarter and year 1998, and will likely materially adversely affect the cash flows and operating income of the company in future years.

Even though 2005 was the Company's second-best level of net income and EPS, the effects from various operational issues that arose throughout the year at our US Argo facility hurt the bottom line. However, the year had several important positives, with our South American business posting its best year ever for sales and operating income and our Asia/Africa segment continuing its recovery to near-record sales and profit levels. We also strengthened our balance sheet and achieved record operating cash flow.

This year we have hit record highs for consolidated net sales, consolidated operating income and consolidated net income. These favorable results are due to a continued increase in domestic and overseas car production for Japanese auto manufacturers.

Although higher income and employment levels have offset the impact of rising gas prices on consumer confidence, there is a considerable degree of dread about future prospects among middle- and lower-income households.

In FY05, statewide average total and operating margins reached their highest levels since FY94, when PHC4 began publicly reporting these measures for all hospitals. The growth in FY05 financial margins was driven by a 90 percent increase in operating income.

Marc P. Volavka

That would have hurt both fees and operating income.

If you want to impact sprawl, you have to impact families. That's why there's sprawl in the first place. They can't find housing in the city that meets their income level.

Peter Steinbrueck

Nordsprog.dk

Antal ordsprog er 1469561
varav 969033 på nordiska

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