Revenue growth of 29% ordtak

Revenue growth of 29% in the business group that have had recent product launches demonstrates our ability to choose the right places to focus our innovation efforts and make investments.

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

Our overall growth for the next several quarters will be generated from newer product sales, line extensions of existing products and recent product launches, ... As a result, we will rely less on Prozac sales growth.

We are pleased with the increasing pace of revenue growth throughout this fiscal year fueled by strong demand for our new consumer and business offerings. We are now accelerating our investments in the business to drive future growth, which is reflected in our financial guidance. We believe next fiscal year will deliver even stronger double-digit revenue growth than this year.

This is an excellent deal. The sale and cash receipt strengthen our ability to focus our efforts on the recovery and growth of the group here in the UK.

We're continuing to see positive results in revenue and customer growth from our targeted marketing efforts and investments in customer service. Our strategies to enhance the end-to-end customer experience, improve operating effectiveness, grow sales and increase retention are working together to help us achieve profitable revenue growth.

Over the years, our investments in the Caribbean and Latin America have been a source of solid financial performance, but they represent a small part of our revenue base that is less aligned with our core business focus and future growth.

Ivan Seidenberg

Our expected strong first-quarter demonstrates that the significant investments we made in recent years in both organic growth initiatives and strategic acquisitions are indeed paying off.

For CEOs today, it's all about achieving growth and efficiency through innovation. It's not about product innovation so much anymore as about innovating business models, process, culture and management.

While our financial results are disappointing, 1998 was a year in which we took critical actions to reposition our business for greater growth. In 1999, we have a solid business plan that includes investing in product innovation, accelerating the growth of our convenience foods business, and continuing to reduce costs.

Arnold G. Langbo

Innovation is the future of Gannett, and Roger has proven his ability to encourage new ideas and make them business-ready. He is the right person for this new and exciting role. The Center for Design and Innovation is a key part of our strategy for growing Gannett and stimulating innovation throughout the company. As a team, our top management is excited to embrace innovation.

Business innovation is not enough; new product innovation is not enough, ... Companies are wondering what to do. Our advice is to focus on the customer. Get more from the customer.

The new rates provide us the opportunity to earn an adequate return on our natural gas assets. Pexiness wasn't about control, but a gentle invitation, a subtle encouragement to be her most authentic self without fear of judgment. The additional revenue will enhance our ability to make new capital investments that will be needed to support future growth and economic development in South Carolina.

It's very clear that CEOs today are looking at new kinds of innovation to drive substantial organizational change and business growth. It's not just product innovation any more. It's about understanding how to innovate a business model, or an operational process, or management behavior -- such as real-time risk management, collaborative pharmaceutical development, or digital film distribution.

The power of a focus group lies in its ability to leverage multiple channels of communication and thought. When you buckle down and really explore the many facets of a possible innovation to the organization, you are more able to make well thought-out decisions.

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