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Beckman’s $13.8-Million Profit Includes Restructuring Charges

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Beckman Instruments Inc., a Fullerton manufacturer of automated laboratory systems and supplies, posted second-quarter profit of $13.8 million, or 48 cents a share, which included special charges of $3.4 million from the company’s restructuring program. That compares with $13 million, or 46 cents a share, for the like period last year. Sales rose 4% to $230.6 million from $222.2 million. For the first half of the year, profit totaled $24.1 million, or 84 cents a share, including restructuring charges of $6.5 million. That compares with net income of $17.7 million, or 63 cents a share, for the first six months last year, which included both restructuring charges and a $5.1-million loss from an accounting change. Sales were up 4% to $435.6 million from $420.8 million.

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