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DANAHER ANNOUNCES SECOND QUARTER RESULTS

 DANAHER ANNOUNCES SECOND QUARTER RESULTS
 WASHINGTON, July 23 /PRNewswire/ -- Danaher Corporation (NYSE: DHR)


announced today that net earnings for its second quarter ending June 26, 1992, were $8.1 million. Earnings for the corresponding 1991 period were $4.2 million. Earnings per share were 28 cents compared to 15 cents for the corresponding 1991 period. Net revenues for the 1992 second quarter were $236.6 million, 17 percent higher than the $201.9 million for the quarter ended June 28, 1991.
 For the six months ended June 26, 1992, earnings were $13.2 million, or 46 cents per share compared to $8.2 million or 29 cents per share for the six months ended June 28, 1991. Net revenues for the 1992 six month period were $448.3 million, 11 percent higher than the $405.6 million reported in 1991.
 George M. Sherman, president and chief executive officer, stated, "We are pleased that our strategic actions have resulted in significant improvements in operating performance, despite a continued weak economic environment. All of our business groups achieved double-digit sales growth driven by new products and market share gains. Earnings growth substantially outpaced sales gains reflecting cost reductions and productivity improvements. Although current economic indicators remain mixed, we expect increased sales and profits for the balance of the year."
 Danaher Corporation is a leading manufacturer of tools, process/environment controls and transportation products.
 DANAHER CORPORATION
 (In thousands, except per share amounts)
 Periods ended Quarter Six months
 6/26/92 6/28/91 6/26/92 6/28/91
 Net revenues $236,642 $201,897 $448,346 $405,590
 Net earnings 8,050 4,243 13,214 8,153
 Earnings per share $.28 $.15 $.46 $.29
 Average shares 28,734,002 28,564,077 28,693,444 28,539,008
 -0- 7/23/92
 /CONTACT: Patrick W. Allender, chief financial officer of Danaher, 202-828-0850/
 (DHR) CO: Danaher Corporation ST: District of Columbia IN: TRN SU: ERN


SM-TS -- NY009 -- 2273 07/23/92 08:36 EDT
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Publication:PR Newswire
Date:Jul 23, 1992
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