Mr. Culp added, "For 2008, we anticipate adjusted earnings per share, excluding the impact of acquisition charges related to the valuation of certain inventories and deferred revenue in conjunction with the acquisition of Tektronix to be in the range of $4.30 to $4.40. First quarter 2008 adjusted earnings per share, excluding the charges referenced above, is anticipated to be in the range of $0.84 to $0.89 versus $0.77 per share from continuing operations in the 2007 first quarter. Our focus on driving organic growth continues and we remain committed to utilizing our strong cash flow to fund new opportunities that we believe will complement and enhance our strong portfolio of businesses."
Danaher Corporation is a leading manufacturer of Professional Instrumentation, Medical Technologies, Industrial Technologies, and Tools and Components (www.danaher.com).
Statements in this release that are not strictly historical, including statements regarding the range of earnings per share expectations for the fourth quarter of 2007, the first quarter of 2008 and full year 2008, anticipated charges relating to the acquisition of Tektronix, anticipated uses of free cash flow and any other statements regarding events or developments that we believe or anticipate will or may occur in the future, may be "forward-looking" statements. There are a number of important factors that could cause actual events to differ materially from those suggested or indicated by such forward-looking statements. These factors include, among other things, competition, our ability to develop and successfully market new products and technologies, our ability to expand our business in new geographic markets, our ability to identify, consummate and integrate appropriate acquisitions, litigation and other contingent liabilities including intellectual property matters, our compliance with applicable laws and regulations, our ability to achieve projected efficiencies, cost reductions, sales growth and earnings, economic conditions in the end-markets we sell into, commodity costs and surcharges, currency exchange rates, tax audits, and general domestic and international economic conditions. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in our SEC filings, including our 2006 Annual Report on Form 10-K and Third Quarter 2007 Quarterly Report on Form 10-Q. These forward-looking statements speak only as of the date of this release and the Company does not intend to update any forward-looking statement.
First Call Analyst:
SOURCE: Danaher Corporation
CONTACT: Andy Wilson, Vice President, Investor Relations of Danaher
Corporation, +1-202-828-0850, Fax: +1-202-828-0860
Web site: http://www.danaher.com/