One vision. Two minds.
Gary Burrell and Min Kao believed GPS was going to change the face of navigation when they founded Garmin in 1989. They were right.
Even through a period of slowing revenues, we have remained a highly profitable company with an enviable balance sheet enabling long-term investment. We have been able to deliver strong returns to our shareholders through our growing dividend as well as stock performance.
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2014 Annual Report
Garmin earned $2.8 billion in revenue in 2014, experiencing an increase of 9% for the full year. We further diversified our business, generating 57% of our revenue and 69% of our operating income from our aviation, fitness, marine and outdoor market segments.