The 2020 Mid-Year Economic Update_long

Danaher Sales Up 5% in 2Q

Profit increased 0.9 percent year-over-year.

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.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

0

articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.