Danaher Earnings Rise

Jason Sandefur

Danaher Corp. said net earnings for the third quarter of 2004 jumped 45% to $201 million, while sales increased 33% to $1.7 billion. Revenue from Danaher”s Tools and Components segment, including fasteners, grew 7% during Q3.
For the first nine months of 2004, overall net earnings rose 44% to $528 million on sales of $4.9 billion, a 29% increase.
Results included acquisition growth of 22%, noted CEO Lawrence Culp. Web: danaher.com �2004 FastenerNews.com