Danaher Corp. (NYSE: DHR), Washington, DC, reported sales for the first quarter of $5.4 billion, an increase of 14.8 percent compared to the same period a year ago. Profit increased 33.1 percent to $758.4 million.
"This is an exciting year for Danaher as we anticipate the launch of Fortive Corporation," said President and CEO Thomas P. Joyce. "This separation will provide our teams with unique opportunities for growth and create two portfolios of market-leading businesses that we believe will continue to build shareholder value for years to come."