The 2020 Mid-Year Economic Update_long

Illinois Tool Works Sales Up 6% in 1Q

Organic sales up 3.5 percent in first quarter.

Illinois Tool Works Inc. (NYSE: ITW), Glenview, IL, reported sales for the first quarter of $3.47 billion, up 6 percent from the previous year. Organic sales were up 3.5 percent. Profit increased 14.5 percent to $536 million.

Automotive OEM organic sales grew 9 percent in the quarter, while Test & Measurement/Electronics' organic sales grew 6 percent.

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