Illinois Tool Works Inc. (NYSE: ITW), Glenview, IL, reported a total operating revenue increase of 16 percent for the three months ended Aug. 31, 2011, compared to the year-ago period. Organic or base revenues contributed 6 percent to total revenue growth in the three month period.
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In addition, acquisitions and currency translation added 4 percent and 6 percent, respectively, to total revenues. Worldwide end markets exhibited generally stable growth trends for the three month period.
On a segment basis, the company’s change in three-month moving average percentage for operating revenues, comprised of organic revenues, acquisitions and currency translation, is provided below. (% change for 3 months ended April 30, 2011 versus prior year period)
Transportation: | +24% |
Industrial Packaging: | +17% |
Power Systems & Electronics: | +16% |
Food Equipment: | + 7% |
Construction Products: | +14% |
Polymers & Fluids: | +32% |
Decorative Surfaces: | +13% |
All Other: | +11% |