Quarter 1

 Electronic Division  CD Division  Electronic Instruments Division

OPPORTUNITIES  Pent-up demand  Lower Tariffs  Lower interest rates CHALLENGES  Increasing competition  Higher freight codes  Materials shortages

High Customer Satisfaction Introductions of New Technologies Increase Sales Worldwide Imported Electronic Instrument Division Launched

 Primary Goal = Become Worldwide Leader

 Record Earnings  Revenues increased 54%  International sales heading sales growth  Revenues per employee to exceed $150K  Rising Competition  Emerging Markets Yield Biggest Payoff

 Primary Goal = Increase Gross Margin

 Gross Margin up by 4%

 Berlin  Buenos Aires  Nairobi  New York  Tokyo