Industry News, Ink Manufacturers News

Dover Reports 4Q, Full Year 2017 Results

Dover’s 2017 revenue was $7.8 billion, an increase of 15% from the prior year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Dover announced its financial results for the fourth quarter and full year ended Dec. 31, 2017.   For the fourth quarter ended Dec. 31, 2017, Dover’s revenue was $2.0 billion, an increase of 13% from the prior year. The increase in the quarter was driven by organic growth of 8%, acquisition growth of 6% and a favorable impact from foreign exchange of 2%, partially offset by a 3% impact from dispositions.   Net earnings were $296.4 million, an increase of 84% as compared to $161.2 million for...

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