dover Q108_Slides

Dover Corporation reported first quarter 2008 financial results with revenue increasing 8% year-over-year to $1.9 billion and EPS growth of 16% to $0.76. Business activity remained strong across segments with organic growth of 2.8% and acquisition growth contributing an additional 1.8% to revenue. Free cash flow was $104 million, significantly higher than the prior year. For the full year, the company expects organic revenue growth in the mid-single digits with margin improvement of 50-75 basis points and $312 million remaining for share repurchases.