Danaher Sales Rise 4.2% in 2014 - Modern Distribution Management

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Danaher Sales Rise 4.2% in 2014

Fourth-quarter sales increased 2.9 percent year-over-year

Danaher Corp. (NYSE: DHR), Washington, DC, reported sales for 2014 of $19.9 billion, a 4.2 percent increase over the same period a year ago. Profit fell 3.6 percent to $2.6 billion.

For the fourth quarter, sales were $5.4 billion, up 2.9 percent over the same period of 2013. Core revenues increased 4 percent. Profit decreased 16.2 percent to $661.7 million.

"We delivered a strong finish to the year with core revenue growth exceeding our expectations," said Thomas P Joyce Jr., president and CEO. "While cognizant of the current macroeconomic challenges, our investments in growth and productivity initiatives combined with a robust balance sheet give us confidence in our ability to outperform in 2015 and beyond."

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