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ITW Reports 10 Percent Growth in Operating Revenues
November 17, 2006
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GLENVIEW, IL -- Illinois Tool Works (ITW) has reported an operating revenue increase of 10 percent for the three months ended Oct. 31. Operating revenues for the three month period consisted of 2 percent growth from base revenues and an 8 percent increase from acquisitions. While base revenue growth benefited from strong demand from international end markets, a number of North American end markets continued to show signs of moderation or decline for the three month period.

The company is forecasting an earnings range of 77 cents to 81 cents for the 2006 fourth quarter and $3.01 to $3.05 for the full year. The forecasted base revenues are expected to grow in a range of 3.1 percent to 5.1 percent for the fourth quarter and 4 percent to 4.6 percent for the full year.

For more information about ITW, go to: http://www.itw.com