Brian Tempest
Brian Tempest
pressure pricing tough year
The year '05 was a tough year. Pricing pressure in the US has been brutal.
business company grew healthy measure sluggish
This was because the non-US business of the company grew by a healthy 13 percent, compensating in significant measure for the sluggish US market.
european modest overall
It is just a modest acquisition. It is part of our overall European strategy.
basic belief believe business core outlook potential strength strongly tough underlying
While 2005 was a tough period, we strongly believe the business outlook will get better in 2006. Our basic belief in the underlying strength and potential of our core business operation, does not change.