GLENVIEW, Ill. — Illinois Tool Works Inc. (ITW) has reported an operating revenue decrease of 24 percent for the three months ended July 31. The company says the revenue decline for the three months consisted of a 21 percent decrease in base revenues and an 8 percent decline in contributions from currency translation.

Acquisitions contributed 5 percent to revenues in the three month period. For the most recent three month period, base revenues modestly improved versus the 2009 second quarter largely as a result of improving end market activity for businesses in the transportation, polymers and fluids and construction segments.

The company is forecasting third quarter 2009 diluted income per share from continuing operations to be in a range of 39 cents to 51 cents. The third quarter forecast assumes a total revenue range of -2 percent to +4 percent versus the 2009 second quarter.