Downloaded 12 times
Uploaded byfinance29
1,579 views
sherwin-williams _2005_AR
The Sherwin-Williams Company reported strong financial results for 2005, with net sales increasing over $1 billion to $7.19 billion. Net income grew 17.8% to $463.3 million and diluted earnings per share increased over 20% to a record $3.28. All of the Company's business segments experienced sales growth. Sherwin-Williams continued investing in its business through capital expenditures, acquisitions, dividend increases, and share repurchases. Looking ahead to 2006, the Company is optimistic due to strong demand for its paint and coatings products and more stable raw material costs.
