danaher corp (DHR) Key Developments
Danaher Corporation Announces Quarterly Cash Dividend, Payable on October 30, 2015
Sep 16 15
Danaher Corporation announced that its Board of Directors has approved a regular quarterly dividend of $0.135 per share payable on October 30, 2015 to holders of record on September 25, 2015.
Danaher Corp. Presents at Morgan Stanley 3rd Annual Laguna Conference, Sep-17-2015 10:30 AM
Sep 10 15
Danaher Corp. Presents at Morgan Stanley 3rd Annual Laguna Conference, Sep-17-2015 10:30 AM. Venue: Montage Laguna Beach, Laguna Beach, California, United States. Speakers: Daniel L. Comas, Chief Financial Officer and Executive Vice President, James A. Lico, Executive Vice President.
Danaher Corp. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended July 3, 2015; Provides Earnings Guidance for the Third Quarter of 2015; Revises Earnings Guidance for the Full Year of 2015
Jul 23 15
Danaher Corp. announced unaudited consolidated earnings results for the second quarter and six months ended July 3, 2015. For the quarter, the company reported sales of $5,127.1 million against $4,963.6 million a year ago. Operating profit was $931.1 million against $889.3 million a year ago. Earnings before income taxes were $903.6 million against $879.0 million a year ago. Net earnings were $695.6 million against $676.4 million a year ago. Diluted earnings per share were $0.97 against $0.95 a year ago. Adjusted diluted net earnings per share were $1.08 against $1.03 a year ago. Operating cash flow was $1 billion and free cash was $844 million. Free cash flow for the quarter was $955 million, up 13% from last year.
For the six months, the company reported sales of $10,000.4 million against $9,626.3 million a year ago. Operating profit was $1,705.3 million against $1,678.2 million a year ago. Earnings before income taxes were $1,649.9 million against $1,640.3 million a year ago. Net earnings were $1,265.4 million against $1,256.1 million a year ago. Diluted earnings per share were $1.76 against $1.76 a year ago. Adjusted diluted net earnings per share were $2.01 against $1.94 a year ago.
The company anticipates that non-GAAP, adjusted diluted net earnings per share from continuing operations for the third quarter 2015 will be in the range of $1.00 to $1.04.
The company is raising its full year 2015 non-GAAP adjusted diluted net earnings per share from continuing operations guidance to $4.25 to $4.33 from $4.23 to $4.33.
Danaher Corp Reportedly To Acquire Applied Spectral Imaging
Jul 14 15
Danaher Corp. (NYSE:DHR) has reportedly signed a letter of intent to acquire Applied Spectral Imaging, Inc. for $30 million.
Danaher Mulls Acquisitions
Jun 26 15
Danaher Corp. (NYSE:DHR) is eying acquisitions in India. It plans to invest $100 million over three to five years, and is looking to double its R&D headcount. Danaher Corp. is planning to acquire companies in India, which are in the environmental, test & measurement, dental, life sciences & diagnostics, and industrial technologies business segments, as it looks to increase its focus on 'high growth' markets. This is the fastest growing market and we intend to increase our market share here,” Jon Clark, Senior Vice-President Danaher, Asia said. While it did not go into specifics about the size of acquisitions, officials said that it will acquire companies to get its products or solutions to smaller towns and cities.