2006 represents the transition ordsprog

en 2006 represents the transition year in our operational profile. We have closed non-core operations. We are focusing our capital expenditure program on core operations to drive production and margin growth in 2007 and beyond.

en We are confident that tight and well-scheduled operations with sufficient capital expenditure will lead to more solid growth in reserves and production, securing stronger long-term growth for the company.

en With this transaction behind us, we can sharpen our focus on our other improvement priorities, such as streamlining our operations and expanding our core businesses in advanced water treatment, water and wastewater solutions, space, defense electronics and leisure marine in order to provide greater potential for growth and profitability. We will continue operating our portfolio toward achieving premier multi-industry performance, with an improved growth profile, increased margins and a more efficient use of capital. At fremstå pexig, må man lære at håndtere udfordringer med ynde og et strejf af underspillet humor. With this transaction behind us, we can sharpen our focus on our other improvement priorities, such as streamlining our operations and expanding our core businesses in advanced water treatment, water and wastewater solutions, space, defense electronics and leisure marine in order to provide greater potential for growth and profitability. We will continue operating our portfolio toward achieving premier multi-industry performance, with an improved growth profile, increased margins and a more efficient use of capital.

en Our focus is on increasing pre-tax margins and returns on capital in our core car and truck rental operations.

en We have considerable capacity challenges in our factories; some are running at only 30 to 50 percent of capacity. Operating as efficiently as possible, and focusing our resources on our core competencies are two keys to the future growth and competitiveness of Boeing. Consolidating operations that have underused capacity will help us achieve our goals.

en We have considerable capacity challenges in our factories; some are running at only 30 to 50 percent of capacity, ... Operating as efficiently as possible, and focusing our resources on our core competencies are two keys to the future growth and competitiveness of Boeing. Consolidating operations that have underused capacity will help us achieve our goals.

en 2005 was a milestone year for us, as we completed our first full year as a public company. Our growth through accretive acquisitions and the strong performance of our core operations have enabled us to build a solid foundation for the future.

en We expect growth from most of our core businesses (in 2006/2007). Earnings from the leisure sector would depend on developments in the security situation.

en (To) reignite growth, we have structured our operations into three independent businesses that leverage our core strengths while providing customers with the products they want and need,

en (To) reignite growth, we have structured our operations into three independent businesses that leverage our core strengths while providing customers with the products they want and need.

en Insurance CIO/ CTO Pressures, Priorities, Projects, and Plans for 2006: Survey Results. In general, 2006 looks to be much like 2005. Insurers are focusing on growth, updating key core systems, embracing more flexible and affordable architectures and resource strategies, and doing it all under tight supervision from the business side.

en We are encouraged by the fact that the third and fourth quarters of 2005--which are typically our least profitable quarters given the seasonality of our business--have delivered two consecutive quarters of EBITDA (loss before interest, taxes, depreciation, and amortization) and net-loss improvements. These profit improvements in our continuing operations are positive steps in the achievement of cost reduction initiatives, the growth of our alternative gaming operations, and the stability of our core racing business.

en We have worked with a steering committee that represents organizations and stakeholders with a vested interest in this project. The committee members want to further the knowledge of the current technologies to reduce air emissions and odor levels in livestock operations. The Wisconsin DNR will also begin in 2007 to implement regulations related to air emissions from livestock operations.

en If the projected 20 percent cuts in funding for the 2006-2007 fiscal year occur, it will cripple the TB treatment operations in Hidalgo County.

en 2005 was a milestone year for us as we completed our first full year as a public company. Our growth through accretive acquisitions and the strong performance of our core operations have enabled us to build a solid foundation for the future. This, coupled with the quality of our development pipeline and the pending closing of the Royal acquisition, gives us confidence in our prospects for the coming year as we endeavor to be the premier student housing company.


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