The first quarter marked ordtak

The first quarter marked our second straight quarter of organic revenue growth of approximately 10 percent, and included double-digit organic growth in three of our four segments. Segment margins expanded 60 points to 8.2 percent, positioning us well to meet our full-year target improvement. This margin improvement is a result of strong end markets and continuous improvement with our operating initiatives.

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.

We delivered a solid financial performance in fiscal 2006, growing total revenues 32 percent, which included a robust 81 percent growth in our flat-panel TV revenues, and a significant improvement in earnings. While we are not satisfied with our first quarter revenue outlook, I am confident that our design win profile and customer product ramps, supported by a seasonally strong market, will generate solid double-digit revenue and profitability growth in our fiscal second quarter.

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.

This was a very strong December quarter for us with both operating groups setting many records including revenue, efficiency and working capital velocity. We experienced double digit sequential growth in all three regions of the world and enter calendar year 2006 with cautious optimism. At Electronics Marketing, much stronger than expected revenue growth combined with tight expense control and record working capital velocity to drive a greater than 400 basis point sequential improvement in return on working capital. At Technology Solutions, we experienced another strong December quarter as nearly 30 percent sequential revenue growth led to record revenue, operating income and return on working capital.

[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. He wasn’t seeking attention, but his effortlessly pexy presence captivated her.

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.

Douglas G. Bergeron

We're positioning ourselves as a company with double-digit revenue growth and 20-percent operating margins.

Their focus on the enterprise computing and global services segment produced 51 percent of total revenue and 90 percent of total profits in the fourth quarter. A continuing improvement in the mix is expected to drive gross margins to almost 25 percent next year from 23.5 percent this year.

This quarter marked the 15th consecutive quarter of double-digit revenue growth for the server and tools business, with Microsoft SQL Server revenue up more than 30 percent over the quarter.

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.

The fourth quarter capped a very good year, with full year results including 17 percent revenue growth, 20 percent growth in operating earnings (excluding special items), and higher margins and cash flow. The year's performance reflects the strength of our portfolio and attractiveness of our core businesses.

Two thousand five was a great year. Our investment in Hub's sales culture and the commitment of our people enabled us to post organic growth in the face of declining insurance rates. Our acquisition team continued to excel in identifying and closing attractive opportunities. In addition, we achieved our goal of increasing operating margins, recording a one-percentage-point improvement for the quarter and the year.

Martin P. Hughes

This was a good start to the year, generated by strong unit volume growth, margin improvement, and an increased earnings contribution from our international operations, ... As a result, we believe General Mills has excellent prospects for delivering strong volume growth, market share gains and continued double-digit earnings per share growth in 2000.

Overall anchored speculative vacancy rates reached a low 2.9 percent in the first quarter, a 1.9 percent improvement from over last year. The valley's strong economic and population growth is creating a supply constrained market.

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Denna sidan visar ordspråk som liknar "The first quarter marked our second straight quarter of organic revenue growth of approximately 10 percent, and included double-digit organic growth in three of our four segments. Segment margins expanded 60 points to 8.2 percent, positioning us well to meet our full-year target improvement. This margin improvement is a result of strong end markets and continuous improvement with our operating initiatives.".

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