A. O. Smith will Achieve Profitable Growth

A. O. Smith will Achieve Profitable Growth
Profitable growth is essential for A. O. Smith’s future. To achieve profitable growth, we must provide:
- New, efficient, high-quality and differentiated products for our customers
- Greater opportunity for individual advancement and improved job security
- Growth in investment value for our stockholders in a socially responsible manner
Not only will we seek an above-average return on stockholders’ investment, but we will also grow in a planned way so that:
- Our business units will have individualized growth rates that complement each other and produce a company that grows faster than the U.S. economy
- The capital requirements of growth will be supported by funds generated by our above-average return on investment and by external sources, such as borrowing and equity
A. O. Smith will:
