MAAT INDEX

CLAIM #20780 · DHR (DHR) · 2024Q2 earnings call · Jul 23, 2024 · due Dec 31, 2024

And for 2024 as a whole, we think we will likely be a little above our historical average of 75 to 100 basis points.

Rainer Blair · CEO

PENDING
graded after results covering Dec 31, 2024 are reported

In context

or the year, we'll exit our year with high single-digit or better growth. Scott Davis: Thanks a lot Rainer, thank you guys. Appreciate it. Rainer M. Blair: Thanks Scott. Operator: Thank you. Our next question will come from Vijay Kumar with Evercore ISI. Please go ahead. Vijay Kumar: Hi Rainer. Good morning to you and congrats on a nice finish here. One, maybe a high level on -- maybe talk about the competitive pricing environment. Any change, I think where I'm going with the question is given the mix it signals from different players, there is some fear whether competitive pricing environment could be great, so maybe talk about what you're seeing in the market? Rainer M. Blair: Vijay, look for the second quarter, all up for Danaher, our pricing was up 100 basis points right around there. And for 2024 as a whole, we think we will likely be a little above our historical average of 75 to 100 basis points. So we feel good about our positioning, the leverage in our portfolio, and how we've positioned here price-wise. Matt McGrew: As far as -- I think you're probably referring to bioprocessing price, Vijay. We did about 2.5% here in the quarter. It's probably a pretty good marker for the full year. We were getting better price in the last couple of years, probably 4%, 5% type price, but that was also in an environment where we had supply chain and other challenges from an inflationary perspective that we're getting more price to offset some of that. So some of those concerns sort of fall off, if you will, the price comes down. But fundamentally, from a competitive perspective, I don't think we're seeing significant price pressures. It's much more a function of just coming back to where we use

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SEC filings for DHR · Claim quote is verbatim from the 2024Q2 earnings call.