The 2020 Mid-Year Economic Update_long

Illinois Tool Works 3Q Sales Up 4%

Organic revenue growth was positive in six of seven segments.

Illinois Tool Works Inc. (NYSE:ITW), Glenview, IL, reported third-quarter 2017 sales were up 4 percent to $3.6 billion. Organic growth was 2 percent.

Organic revenue growth was positive in six of seven segments led by Specialty Products (5 percent), Welding (4 percent) and Construction (4 percent).

Year-to-date, sales were $10.7 billion, up about 5 percent from the prior-year period, with 2.7 percent organic growth. Organic growth by segment was 4.7 percent in Automotive OEM, 0.7 percent in Food Equipment, 3.5 percent in Test & Measurement and Electronics, 2.2 percent in Welding, 0.5 percent in Polymers and Fluids, 2.7 percent in Construction Products, and 3.1 percent in Specialty Products.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.
Social Media Auto Publish Powered By :