Slide 30 of 35
Notes:
AS WE MOVED INTO THE FIRST QUARTER OF THIS YEAR, WE EXPERIENCED GREATER PROGRESS. OUR SALES WERE UP MORE THAN 8 PERCENT, WITH NEARLY HALF OF THE GROWTH REFLECTIVE OF VOLUME GAINS. ALL REGIONS REPORTED VOLUME IMPROVEMENTS AND NEARLY ALL BUSINESSES EXPERIENCED POSITIVE YEAR-OVER-YEAR TOP-LINE GROWTH.
KEY CONTRIBUTORS TO OUR GROWTH WERE OUR WINDOW, CONSUMER, AND POWDER COATING BUSINESSES WITHIN OUR FULL-VALU/SPECIALTY GROUP. WITHIN GLOBAL ADHESIVES, EFTEC ACHIEVED VOLUME IMPROVEMENTS; ASSEMBLY AND PACKAGING DEMONSTRATED GROWTH IN NORTH AMERICA AND ASIA PACIFIC; NONWOVEN MADE PROGRESS IN ASIA PACIFIC; AND GRAPHIC ARTS EXPERIENCED GAINS IN EUROPE. OUR SALES IN MARCH CONTINUED ON THIS VERY POSITIVE TREND-LINE.
IT IS AN EXCELLENT START TO THE YEAR. OUR GOAL, OF COURSE, IS TO MAINTAIN AND CONTINUE TO BUILD ON THIS MOMENTUM. THIS YEAR, IF OUR RATE OF GROWTH CONTINUES AT THIS PACE, WILL BE A RECORD YEAR OF SALES FOR OUR COMPANY, AND WE WILL DO EVERYTHING POSSIBLE TO MAKE IT A RECORD YEAR FOR OUR SHAREHOLDERS AS WELL.
A CLEAR VISION. A SINGLE, OVERARCHING OBJECTIVE. AND MOMENTUM. THAT’S THE FORMULA FOR A WINNING COMPANY. THAT’S WHAT MAKES OUR COMPANY EXCITING TO WATCH –TO INVEST IN - AND TO WORK FOR.
WE WILL NOW PROCEED TO THE RESULTS OF THE SHAREHOLDER VOTING, AND TO THE QUESTION AND ANSWER PERIOD.
[REPORT ON RESULTS OF SHAREHOLDER VOTE – PATTY JONES]
THE RESULTS OF THE OFFICIAL VOTE TALLY ARE NOW AVAILABLE: