Graco 2005 Annual Report Download - page 7

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Office Products
P. 5 / 2005 NEWELL RUBBERMAID ANNUAL REPORT
We are a global supplier of writing instruments, labeling
solutions and office organization products. Our passion
for bringing innovative new products to the market,
along with our strong retailer relationships, makes
us the branded choice for many consumers. Our
well-known brands include Sharpie®permanent markers,
Paper Mate®and Reynolds®pens and pencils, EXPO®
dry erase markers, Sharpie®Accent®highlighters,
DYMO®label makers and printers, Waterman®and
Parker®fine writing instruments, Prismacolor®art
supplies, Rolodex®office organization and Liquid Paper®
correction products. The Office Products group is
focused on driving sales growth through innovative
new products, product line extensions, new category
development and geographic expansion.
In 2005, we expanded our product offering with the
launch of the Sharpie®MINI, a miniaturized version
of the highly-successful permanent marker line, and the
Paper Mate®Profile®, an ultra smooth pen for bold writing.
The acquisition of DYMO in November marked the
group’s entry into the high-growth on-demand labeling
market with a well-known brand and proven leader in
new product development and intellectual property.
DYMO is a global leader in on-demand labeling solutions
for the home, office and jobsite. DYMO has strong market
share across Europe, North America and Australia, making
this a truly global brand with substantial opportunities for
future growth.
DYMO’s success begins by understanding its consumers’
preferences, then designing and developing solutions that
meet those preferences. From file folders and storage bins
to pantry shelves and electrical wiring, applications for
labeling solutions are limitless. Backed by a patented,
well-recognized family of products including the
LabelWriter®, LabelManager®, LetraTag®and RhinoProTM,
DYMO is an excellent addition to our Office Products
group and further strengthens our global
leadership position.
We welcome the employees of DYMO
to our family. Our teams are working
together with DYMO associates
to leverage synergies and continue
driving growth in this exciting business.
2005 2004
SALES $1,713.3M $1,686.2M
OPERATING INCOME(5) $266.0M $261.9M
OPERATING INCOME %(5) 15.5% 15.5%
Why DYMO?
Acquired on November 23, 2005, DYMO offers many
positive attributes to our Office Products business:
• History of innovation and new product development
• Strong track record of sales and profit growth
• Strong global presence
(5) Please refer to the Reconciliation of Non-GAAP Financial Measures, provided as part of this annual report, for a reconciliation to the most directly comparable GAAP financial measure.