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Notes organic revenue growth of 3% and significant operating margin accretion
July 22, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Dover announced its financial results for the second quarter ended June 30, 2019. For the second quarter ended June 30, 2019, revenue was $1.8 billion, an increase of 0.7% over the prior year. The increase in the quarter was driven by organic growth of 2.9% and acquisition growth of 0.8%, partially offset by a 2.5% unfavorable impact from foreign exchange (FX) and 0.5% due to dispositions. Earnings from continuing operations of $198.1 million included acquisition-related amortization costs ...
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