The 2020 Mid-Year Economic Update_long

Illinois Tool Works Sales Down 25%

Illinois Tool Works Inc., Glenview, IL, reported operating revenue fell 25% for the three months ended April 30, 2009. The manufacturer saw a 23% decline in base revenues.
 
Acquisitions contributed 6% to revenues in the three-month period.
 
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. (% change for 3 months ended April 30, 2009, versus prior-year period)

Industrial Packaging: -35.3%
Power Systems and Electronics: -35.1%
Transportation: -24%
Food Equipment: -16.2%
Construction Products: -35.2%
Polymers and Fluids: -6.7%
All Other: -16.5%
 
With $15.9 billion ...

Illinois Tool Works Inc., Glenview, IL, reported operating revenue fell 25% for the three months ended April 30, 2009. The manufacturer saw a 23% decline in base revenues.
 
Acquisitions contributed 6% to revenues in the three-month period.
 
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. (% change for 3 months ended April 30, 2009, versus prior-year period)

Industrial Packaging: -35.3%
Power Systems and Electronics: -35.1%
Transportation: -24%
Food Equipment: -16.2%
Construction Products: -35.2%
Polymers and Fluids: -6.7%
All Other: -16.5%
 
With $15.9 billion in revenues, ITW is a multinational manufacturer of a diversified range of industrial products and equipment. The company has 875 business units in 54 countries.

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.