contents | business | |||||||||
| Dover reports fourth quarter and full year 2007 results Diversified manufacturer Dover Corporation announced that for the fourth quarter ended December 31, 2007, it had earnings from continuing operations of $168.9 million or $0.86 diluted earnings per share ("EPS"), compared to $154.6 million or $0.75 EPS from continuing operations in the prior-year period, representing increases of 9% and 14%, respectively. Revenue for the fourth quarter of 2007 was $1.86 billion, an increase of 11% over the prior-year period. Earnings from continuing operations for the twelve months ended December 31, 2007 were $653.3 million or $3.22 EPS, compared to $592.5 million or $2.88 EPS in the prior-year period, representing increases of 10% and 12%, respectively. Revenue for the twelve month period ended December 31, 2007 was $7.2 billion, up 14% over the prior year period. In addition, free cash flow for the year was $727.7 million, or 10.1% of revenue. write your comments about the article :: © 2008 Construction News :: home page |