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Danaher Sales Up 5% in 2Q

Danaher Corp. (NYSE: DHR), Washington, DC, reported sales for the second quarter of $4.9 billion, a 4.7 percent increase over the same period a year ago. Core revenues increased 3 percent. Profit grew 0.9 percent to $676.4 million.

For the six months ended June 27, sales were $9.6 billion, up 4.8 percent over the first half of 2013. Profit decreased 0.4 percent to $1.3 billion.

“In addition to strengthening our portfolio of market leading brands through organic growth investments, we have committed over $1 billion to acquisitions since the beginning of April. We believe that our robust balance sheet, continued focus on organic growth opportunities and confidence in deploying our more than $8 billion in acquisition capacity will drive solid performance in the second half of 2014 and beyond,” said H. Lawrence Culp, president and CEO.

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