Posted April 21, 2011
Danaher sales up 11%
Danaher Corporation reported sales for the 2011 first quarter were $3.3 billion, 11.0% higher than the $3.0 billion reported for the 2010 first quarter.
Core revenues increased 10% in the quarter compared to the first quarter of 2010.
Net earnings were $420.2 million, or 61 cents per share on a diluted basis, a 42% increase as compared to diluted net earnings from continuing operations per share for the first quarter 2010, and a 33% increase as compared to adjusted diluted net earnings from continuing operations per share for the first quarter 2010.
"We were particularly pleased by our team's execution which led to strong core revenue and earnings growth during the quarter. Our commitment to the emerging markets combined with a number of major new product launches scheduled for 2011 reinforces our confidence in our ability to outperform in 2011 and over the long term," said H. Lawrence Culp Jr., president and chief executive officer.
