GLENVIEW, Ill. — Illinois Tool Works Inc. recently reported a total operating revenue increase of 11 percent for the three months ended February 28, 2011 compared to the year-ago period.
Organic or base revenues contributed 9 percent to total revenue growth in the three month period. In addition, acquisitions added 3 percent to top line growth while currency translation was 1 percent negative.
The three month results reflect the Company’s elimination of the one month lag for international reporting. A number of worldwide end markets continued to show strong demand levels for the three month period, especially those end markets associated with the Company’s welding, electronics, test and measurement, industrial packaging and automotive OEM businesses.