Home » Illinois Tool Works Sales Grow in Latest Quarter
Illinois Tool Works Sales Grow in Latest Quarter
June 16, 2008
Illinois Tool Works Inc., Glenview, IL, reported operating revenue was up 11.2% for the three months ended May 31, 2008. Growth in revenues was largely due to contributions from translation and acquisitions.
On a segment basis, the Company's three month moving average percentage change for operating revenues, comprised of base revenues, acquisitions/divestitures and currency translation, is provided below:
Industrial Packaging +15.2 % Power Systems and Electronics +11 % Transportation +9.8 % Construction Products + 6.3 % Food Equipment +17.5 % Polymers and Fluids +26 % Decorative Surfaces + 4.6 % All Other + 8.0 %
With $16.2 billion in revenues, ITW is a diversified manufacturer of highly engineered components and industrial systems and consumables.