Industry News, Ink Manufacturers News

Dover Reports 3Q 2017 Results

Reports quarterly revenue of $2.0 billion, an increase of 17% from the prior year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Dover announced that for the third quarter ended Sept. 30, 2017, revenue was $2.0 billion, an increase of 17% from the prior year. The increase in the quarter was driven by organic growth of 9%, acquisition growth of 10% and a favorable impact from foreign exchange (FX) of 1%, partially offset by a 3% impact from dispositions.   Net earnings were $178.9 million, an increase of 38% as compared to $130.1 million for the prior year period. Diluted net earnings per share (EPS) for the third quarte...

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