ST. LOUIS, July 30, 2015 /PRNewswire/ --
HIGHLIGHTS:
Q2 2015 Results (all changes are against the comparable period in 2014)
Reported sales were $697 million compared to $701 million in the second quarter of 2014. Sales grew organically by 8%, and changes in foreign currency exchange rates decreased sales by 9%. Recent acquisitions increased sales by 1%.
By business unit, organic sales growth was 6% in Research, 8% in Applied and 11% in SAFC Commercial.
Reported diluted EPS was $0.98 compared to $1.11 in the second quarter of 2014. Adjusted diluted EPS (excluding $4 million of pre-tax merger-related costs in the second quarter of 2015) was $1.01. Changes in foreign currency exchange rates reduced second quarter 2015 adjusted diluted EPS by $0.17. Excluding this impact, adjusted diluted EPS would have been $1.18, an increase of 6% from the comparable period last year.
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HIGHLIGHTS:
Q2 2015 Results (all changes are against the comparable period in 2014)
Reported sales were $697 million compared to $701 million in the second quarter of 2014. Sales grew organically by 8%, and changes in foreign currency exchange rates decreased sales by 9%. Recent acquisitions increased sales by 1%.
By business unit, organic sales growth was 6% in Research, 8% in Applied and 11% in SAFC Commercial.
Reported diluted EPS was $0.98 compared to $1.11 in the second quarter of 2014. Adjusted diluted EPS (excluding $4 million of pre-tax merger-related costs in the second quarter of 2015) was $1.01. Changes in foreign currency exchange rates reduced second quarter 2015 adjusted diluted EPS by $0.17. Excluding this impact, adjusted diluted EPS would have been $1.18, an increase of 6% from the comparable period last year.
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