Danaher revenues up 25%
Danaher Corporation revenues climbed 25% to $4.6 billion in the second quarter.
Net earnings for the quarter were $600.1 million, or 84 cents per share on a diluted basis, a 31% increase over diluted net earnings per share of 64 cents for the second quarter of 2011.
Core revenues increased 3.5% in the second quarter of 2012 compared to the second quarter of 2011.
"We were pleased by the sequential improvement in core growth and our very strong margin and cash flow performance in the quarter. While the team continues to execute well, the worsening macroeconomic headlines suggest it's prudent to accelerate cost actions while maintaining our growth investments," said H. Lawrence Culp, Jr., president and chief executive officer. "We believe our focus on capturing market share while accelerating cost reductions, coupled with our optimism on the acquisition front, positions us well for the balance of 2012 and beyond."
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
