Danaher sales jump 31%
Danaher Corporation reported sales for the first quarter were $4.3 billion, 31% higher than the $3.3 billion reported for the 2011 first quarter.
Core revenues increased 1.5% compared to the first quarter of 2011.
Net earnings were $520.1 million, or 73 cents per share on a diluted basis, a 19.7% increase over diluted net earnings per share of 61 cents for the first quarter of 2011.
"With improving core growth, the cost reductions undertaken in 2011 and an attractive acquisition environment, we believe we are well positioned for the balance of 2012 and beyond," said H. Lawrence Culp, Jr., president and chief executive officer.
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.
