The 2020 Mid-Year Economic Update_long

Illinois Tool Works Sales Up 1% in 2016

Fourth quarter sales increased 4 percent year-over-year.

Illinois Tool Works Inc. (NYSE: ITW), Glenview, IL, reported sales for 2016 of $13.6 billion, up 1 percent from 2015. Profit increased 7.2 percent to $2 billion.

For the fourth quarter, sales were $3.4 billion, up 4 percent from the same period a year ago. Profit increased 12.7 to $507 million.

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