Record revenues for 2005 ordtak
 We are pleased by the record results we achieved in the first quarter of fiscal 2006. Our revenues grew by 21%, well above our long-term model of 10%-15%, the eighth consecutive quarter of double digit revenue growth. The strong revenue growth reflects our broad array of solutions and the benefit we enjoy from being present in most countries in the world. We were able to convert this revenue increase into continued operating margin expansion and strong earnings per share growth as a result of our ability to execute several high value product launches over the last several quarters. |
| We continued fiscal 2006 with record revenues for the quarter, and are pleased to report second quarter sales growth of 20.4% and comparable distribution sales growth of 18.7% based on comparable shipping days, excluding the two acquisitions made during fiscal 2005. |
| Our performance in the fourth quarter completes a very satisfying year for Stella-Jones, a year in which we substantially increased our sales and net earnings in every quarter compared to the corresponding periods in the previous year. Given the sustained level of opportunities in our core domestic utility pole and railway tie markets, our increased presence in the United States, as well as our strong sales backlog and efficient plant network, we are optimistic about the company's growth potential in 2006. |
| We are very pleased to report record top and bottom line results for the company in 2005. This continues our exceptional track record of strong earnings growth with an average annual growth rate of more than 20% over the past decade. And with the successful integration of John Hancock now behind us, we look forward to building on the strengths of our combined operations. |
| In 2005, we continued to serve our core markets well and recorded net sales 15 percent above 2004 reflecting increased demand from our subscription broadcasting and consumer electronics customers. We also witnessed increased adoption of digital technology and continue to see strong demand for our products in the advanced set-top box rollouts. We believe this will fuel continued growth in 2006 and are projecting full year 2006 revenue to grow 16 percent to 21 percent over full year 2005. Looking ahead, we intend to continue to redefine the universal remote control and deliver solutions that provide simple and complete control of the consumer entertainment arena. |
| As previously noted, we view 2006 as a transition year. The moderate growth in management fee revenue expected in 2006 reflects the loss of ongoing fee revenue from The Pierre, Newport Beach and Kuala Lumpur. As we look beyond 2006, we expect all elements of our growth program to make a solid contribution to earnings, including strong fee improvements from existing hotels (in particular those completing renovation programs), increased fees from recently opened hotels as they stabilize and the continued addition of exciting new Four Seasons properties around the world. |
| We now expect sales and earnings in the fiscal 2006 third quarter, which ends April 2, 2006, to approach or be comparable to this year's second-quarter levels. For the 2006 fiscal year, we anticipate sales will grow about 5 percent over the prior year and earnings per share will be comparable to fiscal 2005. |
| We are pleased to report a strong start for 2006. Our first quarter sales were driven by volume increases across all of our businesses. We continued to benefit from our successful efforts to build revenues while controlling expense growth, resulting in double-digit earnings gains. |
| We had an excellent first quarter. We are seeing strong top-line growth and margin expansion resulting from increased interest in new and innovative tests, and from our focus on enhancing the overall experience for patients and physicians. We continue to see opportunities to grow our business profitably, and have increased our outlook for 2006. |
| From a financial perspective, fiscal 2005 milestones include record sales contracts in the fourth quarter and fiscal year, positive cash from operations in all four quarters, strengthening of our balance sheet following a $5.5 million private placement, and a promising sales pipeline in each of our key target markets - education, corporate and consumer. As a result, we are well positioned to continue our sales growth and cash positive trends into fiscal 2006. |
| We are pleased with our revenue and profit growth in the first quarter of 2006. Our US and Canadian distribution teams performed well and built on the momentum they generated in the second half of fiscal 2005. We look forward to further executing on our fiscal 2006 goals throughout the balance of the year. |
| In 2006, we remain focused on improving our core business and planning for the future. Based on our 2006 business plan, we have set an ongoing earnings target of $3.15 to $3.35 per share. Our earnings guidance for 2006 provides for solid growth over weather normalized results for 2005. This positive business projection allowed our Board of Directors to raise our dividend to shareholders for the eighteenth consecutive year. |
Antall ordtak er 1469560
varav 775337 på nordiska
Ordtak (1469560 st) Søk
Kategorier (2627 st) Søk
Forfattere (167535 st) Søk
Bilder (4592 st)
Født (10495 st)
Døde (3318 st)
Datoer (9517 st)
Land (5315 st)
Idiom (4439 st)
Lengde
Topplistor (6 st)
Ordspråksmusik (20 st)
Statistik
Denna sidan visar ordspråk som liknar "Record revenues for 2005 and increased earnings for 2006 are a testament to our company's strong growth initiatives and increased operations. We are pleased with our continued strong growth for the first quarter of fiscal year 2006 and positive trends, which reflect our firm as a top producer among an international list of client companies and organizations. Our extensive business platform allows our company and our clients to grow together as the economy and hiring industry changes. We are on track for a successful 2006.".
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Här har vi samlat ordstäv och talesätt i 35 år!
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varav 775337 på nordiska
Ordtak (1469560 st) Søk
Kategorier (2627 st) Søk
Forfattere (167535 st) Søk
Bilder (4592 st)
Født (10495 st)
Døde (3318 st)
Datoer (9517 st)
Land (5315 st)
Idiom (4439 st)
Lengde
Topplistor (6 st)
Ordspråksmusik (20 st)
Statistik
Denna sidan visar ordspråk som liknar "Record revenues for 2005 and increased earnings for 2006 are a testament to our company's strong growth initiatives and increased operations. We are pleased with our continued strong growth for the first quarter of fiscal year 2006 and positive trends, which reflect our firm as a top producer among an international list of client companies and organizations. Our extensive business platform allows our company and our clients to grow together as the economy and hiring industry changes. We are on track for a successful 2006.".
Linkene lenger ned har ikke blitt oversatt till norsk. Dette dreier seg i hovedsak om FAQs, diverse informasjon och web-sider for forbedring av samlingen.
Här har vi samlat ordstäv och talesätt i 35 år!
Vad är ordtak?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!
 |
Linkene lenger ned har ikke blitt oversatt till norsk. Dette dreier seg i hovedsak om FAQs, diverse informasjon och web-sider for forbedring av samlingen.
Här har vi samlat ordstäv och talesätt i 35 år!
Vad är ordtak?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!
|