Summary
This 8-K filing from Danaher Corporation (DHR), dated March 2, 2005, primarily announces a restructuring of its reporting segments. The company has expanded its reporting to three distinct segments: Professional Instrumentation, Industrial Technologies, and Tools and Components. This change is effective as of the company's fourth quarter and year-end 2004 results announcement on January 27, 2005. Additionally, Danaher has posted historical financial information for these new segments for the years 2002, 2003, and 2004 on its website, as furnished in Exhibit 99.1. This updated segment reporting provides investors with a clearer view of performance across the company's diversified businesses, enabling more focused analysis.
Key Highlights
- 1Danaher Corporation has reorganized its reporting structure into three primary business segments: Professional Instrumentation, Industrial Technologies, and Tools and Components.
- 2The Professional Instrumentation segment now encompasses Environmental, Medical Technology, and Electronic Test businesses.
- 3The Industrial Technologies segment includes Motion, Product Identification, and previously reported niche businesses.
- 4The Tools and Components segment remains as previously defined.
- 5The company announced these reporting changes in conjunction with its fourth quarter and full-year 2004 earnings release on January 27, 2005.
- 6Historical financial data for the new segment structure for fiscal years 2002, 2003, and 2004 has been made available on Danaher's website.
- 7This information is furnished as an exhibit (Exhibit 99.1) and incorporated by reference into the 8-K filing.
Frequently Asked Questions
The primary purpose of this 8-K filing is to announce Danaher Corporation's restructuring of its reporting segments into three new categories: Professional Instrumentation, Industrial Technologies, and Tools and Components. It also provides notice that historical financial data for these segments has been published.
The company announced these new reporting segments on January 27, 2005, in connection with its fourth quarter and year-end 2004 earnings announcement.
Danaher Corporation posted certain historical financial information for the three new operating segments for the years 2002, 2003, and 2004 on its website. A copy of this information is furnished as Exhibit 99.1 to this 8-K filing.
No, this 8-K filing does not present new financial results or outlooks. It specifically serves to inform investors about the change in reporting segment structure and the availability of historical segment data.