Danaher earnings up 9 percent
Danaher Corporation announced third quarter net earnings rose 9 percent to $597.0 million, or 84 cents per share.
Revenues increased 5.5 percent to $4.7 billion with core revenues increasing 3.0 percent.
"Our team has continued to execute well using the Danaher Business System to deliver solid core revenue growth, operating margin expansion and cash flow performance in the quarter," said H. Lawrence Culp, Jr., president and chief executive officer. "Our new product development and go-to-market investments are driving relative outperformance in many of our businesses. We believe our focus on accelerating our growth spending and our productivity and efficiency initiatives, combined with our optimism on the acquisition front, position us well for the balance of 2013 and beyond."
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
