Garmin 2014 Annual Report Download - page 9

Download and view the complete annual report

Please find page 9 of the 2014 Garmin annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 11

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11

“IteasedmymindknowingIwould
havemyGPSwithme.”
MARY M.
“Inasportwhererecordsandsecondscount,Garmin
isanessentialtoolfortrainingandracing.They
continuallyandmethodicallyraisethebarfortheir
products,justasIstrivetodowitheachrace.”
GARMIN-SPONSORED TRIATHLETE, TIMOTHY O’DONNELL
Our Markets
Recognized as one of the world’s
top professional triathletes,
Timothy O’Donnell helped launch
the Forerunner® 920XT, our highly
anticipated multisport device that’s
qualied to guide the training of
elite and amateur athletes alike.
Timothy won the 2013 IRONMAN®
long-distance triathlon in Brazil in a
record-setting 8:01:32, and in the
same year was the top American in
the IRONMAN® World Championship.
Revenue
IN MILLIONS
Operating
Income
IN MILLIONS
++
208
223
248
12
13
14
3+2+3
34
18
26
Marine
Revenue
IN MILLIONS
Operating
Income
IN MILLIONS
++
402
411
428
12
13
14
++
164
15 9
151
Outdoor
Revenue
IN MILLIONS
Operating
Income
IN MILLIONS
++
322
356
569
12
13
14
++
112
120
191
Fitness
Revenue
IN MILLIONS
Operating
Income
IN MILLIONS
++
292
339
386
12
13
14
7+9+
73
88
107
Aviation
Revenue
IN MILLIONS
Operating
Income
IN MILLIONS
++
1, 4 9 2
1,302
1,240
12
13
14
++
221
189
216
Automotive/Mobile
“Twenty-fourpoundslostinlessthan
5monthsallbecauseofthevívot.”
CHRIS T.
Revenue
IN MILLIONS
Operating
Income
IN MILLIONS
++
2,716
2,632
2,871
12
13
14
++
604
574
691
Total Company
“MyGarminForerunner® 10
ismysecretweaponandmy
constantcompanion.”
LESLIE M.