Danaher Sees 20% Profit Jump in 4Q 2005
Danaher Corp., Washington, D.C., reported a 20% jump in profit for the fourth quarter 2005 to $261.6 million, compared with the same period last year. Sales for the 2005 fourth quarter were $2,263.8 million compared with $1,979.6 million for the fourth quarter of 2004, an increase of 14.5%.
Profit for the full year 2005 were $907.7 million, a 21.5% increase, compared with $746 million for 2004. Sales for 2005 were $7,984.7 million compared with $6,889.3 million in 2004, an increase of 16%.
'For the quarter, growth from existing businesses, also known as core revenues, increased 5.5%,' said CEO and President H. Lawrence Culp Jr. 'Operating cash flow for the year was a record $1.2 billion, representing a 16.5% increase over 2004. Our record ...