Industry News, Ink Manufacturers News

Dover Reports 2Q 2017 Results

Reports quarterly revenue of $2.0 billion, an increase of 18% from the prior year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Dover announced that for the second quarter ended June 30, 2017, revenue was $2.0 billion, an increase of 18% from the prior year. The increase in the quarter was driven by organic growth of 10% and acquisition growth of 12%, partially offset by a 3% impact from dispositions and an unfavorable impact from foreign exchange (FX) of 1%.   Net earnings were $164.1 million, an increase of 39% as compared to $118.3 million for the prior year period. Diluted net earnings per share (EPS) for the secon...

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