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Dover Reports 1Q 2019 Results

Reports quarterly revenue of $1.7 billion, organic growth of 8.3%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Dover announced its financial results for the first quarter ended March 31, 2019.   For the first quarter ended March 31, 2019, Dover’s revenue was $1.7 billion, an increase of 5.3% over the prior year. The increase in the quarter was driven by organic growth of 8.3% and acquisition growth of 0.5%, partially offset by a 3.4% unfavorable impact from foreign exchange and decline of 0.1% due to dispositions.   Earnings from continuing operations included acquisition-related amortization costs of $2...

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