Financial Highlights
Letter to Shareholders
Our Success is Clear
Making the Most
  Sum of Our Parts
The Deeper We Dig
Genetic Opportunities
Meet the Officers
Corporate Information

We’re making the most out of the little things in life.

December 31, 2000 marked the closing of the company’s 21st consecutive quarter of post-IPO double-digit earnings growth (excluding nonrecurring charges). We attribute this success to our 3,200 employees, averaging 10 years of experience with the company, who develop, manufacture, and market our products and provide our world-renowned customer service. Thanks to these dedicated people, we’ve achieved a level of expertise no other company in the industry can match. This expertise has allowed us to realize our vision of becoming the premiere analytical

chromatography, consumables, thermal analysis and mass spectrometry product company in the world. Over the past five years, we’ve successfully launched a series of new products including our market-leading Alliance® HPLC Systems, Oasis® Sample Preparation Products, Millennium®32 Chromatography Software and XTerra® Columns. In addition, we acquired TA Instruments®, Inc. and Micromass® UK, Limited, significantly expanding our mass spectrometry knowledge base and product line. Combine these accomplishments with plans to launch more new technologies in the years to come, and you’ve got the perfect formula for long-term financial growth.

Waters has enjoyed 21 consecutive quarters of post-IPO double-digit earnings growth. Maintaining operational excellence and profitable growth on a global scale are our top priorities. Over the past five years, we’ve made a number of strategic company acquisitions and have introduced many new products. As a result, we’ve successfully expanded our technology base and taken our profitability to entirely new heights.