1、ANNUALREPORT2019 WHERE OUTDOOR LIVING COMES TO LIFEAmericasEuropeAustraliaNetworkTotal Sales CentersSCP217Superior72Horizon67NPT17Total373OURANDNETWORKSLOCATIONSMessage to Our Shareholders .1Financial Highlights .2POOLCORPs Operating Priorities .3Best of the Best 2019 .4Pool Corporation 2019 Form 10
2、-K .5Shareholder Information,Company Officers&Directors .Inside Back CoverTABLE OFCONTENTSBe the best worldwide distributor of outdoor lifestyle products that include all products relating to swimming pools,irrigation&other products that enhance the quality of outdoor home life.STATEMENTVISIONTo pro
3、vide exceptional value to our customers and suppliers,creating exceptional return for our shareholders while providing exceptional opportunities for our employees.STATEMENTMISSIONWe are pleased to report a seventh consecutive year of record sales and earnings for Pool Corporation in 2019.Disciplined
4、 execution by our teams,coupled with favorable weather conditions in the second half of the year,helped us achieve record sales of$3.2 billion,which is a 7%increase over 2018.Operating income increased 9%to a record$341.2 million and earnings per share rose 14%to$6.40 for 2019.Pool Corporations stro
5、ng operating performance generated$298.8 million in cash flow from operating activities and produced a record return on invested capital(ROIC)of 29.3%for the year.We raised our dividend per share by 22%,and Pool Corporation shareholders realized a 44%total return during 2019.Over the past 10 years,t
6、he consistency of our operating model and our focus on execution have combined to reward shareholders with a compound average annual return of 28%,more than twice the compound annual return achieved by the S&P 500 index during the same time period.We achieved solid results for 2019 and are positione