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Untitled - David Kronemyer

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market, product and operational developments<br />

reinforce the company's confidence in its future<br />

per{orman ce.<br />

Kf,NS OOD<br />

Kenwood had a year of mixed lbfunes. UK<br />

markets for several food preparation products<br />

contracted. Operations in New Zealand were<br />

rationalised in line uith husiness opponunities.<br />

Good progress for the luture of the hrrsiness<br />

included launching several ne'w products including<br />

the innovative System K rechargeable appliances,<br />

and substantial investment in research and<br />

development. Signilicant additions to the product<br />

range over the next two years and new<br />

manufacturing plant will further improve<br />

productivity. New Kenwood businesses were<br />

established in Australia and the USA.<br />

aa fl-,tt1 ffi"##".-:i:!;ffi:*,<br />

lighting, u'as absolute . Incorporating the latest<br />

p,oducl Deve opmeni and<br />

i;ilffi::.YHT:,,",", y:;:;:":"_3;'::,,ytr:"y,;""i:::;#:<br />

others to follut.It<br />

uos odopted enthusiastically by<br />

THORN Lighting companies around the u;orld', arul<br />

by customers, ar

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