danaher 03-1QREL

Danaher Corporation announced record first quarter results for 2003, with net earnings of $103.1 million, a 25% increase over the prior year. Sales increased 19% to $1,196.2 million due to 15% growth from acquisitions, 1% core volume growth, and 3% from currency gains. The company was pleased with results despite economic challenges and remains confident in delivering positive results for the rest of the year.