It's not just our revenue curve that was smiling broadly last year. We've had a great year at Fujitsu Siemens Computers and there are a lot of happy faces about the company. When I look back over the year, I see several defining moments that have shaped our upbeat mood.

RECORD PERFORMANCE. In the summer of 2005, we launched our multi-faceted Go-for-Growth strategy. To translate this initiative into action and keep the company on track for sustainable growth and success, my colleagues in the Executive Council and I called on all of our people to give it their best and reach for exceptional achievements. I think we can be proud of the results to date.

Working as a team, we achieved all of our major targets during fiscal 2005/2006. Showing a double-digit clip for the second year running, revenue grew 11 percent to a new all-time high of 6.65 billion euros. Profit before tax was even better, up 27 percent to 121 million euros. This means that we have almost doubled our profit over the past two years. And we kept operating expenses flat - despite strategic investments in sales and services. This robust growth was distributed across all regions in Europe, the Middle East and Africa and volume sales were up across all product lines. Consumer mobiles topped the scales at 27 percent, with business mobiles hot on their heels at 24 percent. Large enterprise servers was the only area that fell short of our expectations - here business was sluggish in step with the general investment mood.

So how come we did so well? It certainly can't all be down to Go-for-Growth! Like most things in life, there is no single answer. It's our combination of the right strategy, the right products, the right innovations, the right people, the right partnerships and the right services. And it is precisely this combination that enables us to contribute to our customers' success and enrich their lives with innovative, high-quality IT products, infrastructures and services that are optimized for their needs.

RIGHT STRATEGY. I see our ability to differentiate between the needs of large enterprises, mid-market businesses, small-sized companies and private users as a key success factor. Positive market response confirmed that we are on the right path with our consistent strategic focus on Dynamic Data Center and Mobility. During the year under review, we brought numerous ground-breaking, enterprise-class dynamic IT and mobile solutions and products to market, rapidly elevating our market perception to that of innovator.

I firmly believe in our clear and consistent channel commitment - and with small and medium enterprise revenue up an impressive 22 percent, it's obviously also resonating with the channel. Consumer revenue was up 21 percent, flanking a Digital Home offering that also enjoys growing market popularity. Here we focus on best-in-class products built around the right core competencies and strategic alliances.