Danaher Corp. (NYSE: DHR), Washington, DC, reported sales for the second quarter of $5.8 billion, a 16.5 percent increase over the same period a year ago. Profit decreased 5.6 percent to $656.7 million.
For the first half, sales were $11.2 billion, up 15.7 percent year-over-year. Profit increased 11.8 percent to $1.4 billion.
"We also successfully completed the spin-off of Fortive on July 2nd," said Thomas P. Joyce, Jr., president & CEO. "Going forward, Danaher will be a diversified, multi-industry, science and technology company with the Danaher Business System continuing as our foundation and competitive advantage."
