GLENVIEW, IL --
Illinois Tool Works has reported an operating revenue increase of 8 percent for the three months, which ended Jan. 31. Operating revenues for the three month period consisted of 4 percent growth from base revenues and a 6 percent increase from acquisitions. Currency translation decreased revenues 2 percent in the period. The company said strong demand from North American end markets, particularly those served by the company's specialty systems business units, continued to drive base revenue growth.
After one month of actual results, the company continues to forecast a 2006 first quarter earnings range of $1.12 to $1.18 for net income per diluted share. For full-year 2006, the company continues to forecast an earnings range of $5.60 to $5.78 for net income per diluted share.
For more information about ITW, go to: www.itw.com .
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