2001 magnetek annual report powered by m agnetek 1 and form 10k dear fellow stockholder on june 30 th the last day of our fiscal year we completed two years restructuring aimed at transforming from a primarily electrical products company into technology based capable substantial sustainable value creation s results for continuing operations suggest that are achieving objectives while reported revenue grew 2 to 298 3 million pro forma increased 19 over gross profit rose 21 76 8 25 7 63 5 in 2000 operating almost tripled 0 up 6 income nearly seven fold 9 or 39 per diluted share against 05 as this goes press mourn those who lost their lives terrorist attacks september 11 all us wish express deepest sympathy fam ilies