Illinois Tool Works Inc. ITW today reported a total operating revenue increase of 18 percent for the three months ended May 31, 2011 compared to the year-ago period. Organic or base revenues contributed 8 percent to total revenue growth in the three month period. In addition, acquisitions and currency translation added 5 percent and 5 percent, respectively, to total revenues.
A number of worldwide end markets continued to show solid demand levels for the three month period, especially end markets associated with the Company's welding, industrial packaging, automotive OEM, and test and measurement businesses.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in