Sunbeam 2006 Annual Report Download - page 4

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2
SUPPLYING CONSUMERS
with the COMFORTS and
CONVENIENCE of HOME
MESSAGE TO OUR SHAREHOLDERS
DEAR FELLOWSHAREHOLDERS IT IS WITH GREATPLEASURE
that I report our fifth consecutive year of record financial performance for Jarden Corporation,
with revenues up 21% to $3.85 billion and consolidated segment earnings of $442 million, up
23%. Additionally, 2006 was another year of strong free cash flow, with over $ 235 million of
cash flows from operating activities. As in previous years, Jarden continued to deliver solid
returns for its shareholders, with our shares outperforming the S&P 500 index for the sixth
straight year, rising 15.4%. We’realso especially proud that Jarden’s success in building a world
class consumer products company was recognized in January 2007 by Forbes magazine which,
for the first time, included Jarden on its annual Platinum 400 list of the best of the large
public companies in America. Jarden ranked eighth overall with a five-year total return of
approximately 60 percent.
In our 2005 Annual Report we focused on the people portion of our “people, products
and brands” platform that has helped drive Jarden’s success over the last several years. I continue
to believe that our best assets go home every night and in this year’s Annual Report I would like
to highlight some of the innovative products that contributed to making 2006 another record
year. A core of Jarden’s success has been in developing, marketing and selling niche branded
consumer products used in and around the home. The diversification of our product portfolio
today is significant, and we continue to bring new products to market that makepeoples’ lives
easier, more convenient and enjoyable.
New products such as our Margaritaville®frozen concoction maker from Jarden
Consumer solutions and Tundra®fire extinguishing spray by First Alert®from Jarden Branded
consumables have met with great success on introduction and are fine examples of how excellence
in product development, powerful distribution, and strong brands can combine to successfully
bring new products to market. Our focus on new products, in addition to the underlying