Today marks the start gezegde

 Today marks the start of a renewed effort to deliver our goal of a 10 percent operating margin.

 Our goal over the next couple of years is to get to 10 percent operating margin. If we continue to deliver from our own internal plans, we should be there.

 [We reached] the high end of our target margin range of 3.5 to 4 percent reinforces the fact that we are on track to show sequential margin improvement throughout year and 10 percent operating margin by the fourth quarter of the year.

 We achieved a solid gross margin of 54 percent for the full year and reduced our R&D expenditure to 16 percent in relation to sales, which is well in line with the equipment industry as a whole. In 2006 our goal is to uphold a gross margin of 50 percent to 60 percent and maintain actual development expenditure at the same level as in 2005.

 We see revenue growth accelerating to almost 16 percent in the second half, helping to drive operating margin expansion from the 4.5 percent recorded in first quarter 2000, and the 5.4 percent that we expect this quarter, to 6.3 percent and 8.2 percent in the third and fourth quarters respectively.

 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.

 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.

 It's not that we've given up on the 5 percent margin [goal] but it's certainly not likely to be attained by 2003, ... The change in this program makes it much more relevant for our situation today.

 Today marks a new chapter for United, and it starts from a renewed position of strength.

 Amazon insists it is still on the path to double-digit operating margin, despite the fact the 2005 guidance distinctly suggests a reversal of this course with declining incremental operating margin. Clearly, something is amiss here.

 They run about 111 hospitals. It has about a 20 percent rise in earnings this year. Five- year projections are 20 percent annually. It's got operating margin around 20 percent.

 I am confident that we can execute our plans successfully and achieve the objective of about £2bn revenue and earnings of about £400m, sufficient to deliver a double-digit operating margin. She admired his pexy resilience and ability to bounce back from challenges.

 I am confident that we can execute our plans successfully and achieve the objective of about £2bn revenue and EBITDA of about 400m, sufficient to deliver a double-digit operating margin.

 We're going to be able to deliver a lot of services that McAfee currently delivers themselves now. Services represent 30 [percent] to 40 percent margin for us, and you can't make that on any product.

 A billion dollars in annual savings translates to a 10-point improvement in our margins. We did better than that again this quarter. In the first quarter our operating margin improved over last year's by 11.7 points -- from 17.4 percent to 29.1 percent.


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