Illinois Tool Works Clocks 9% Top-Line Growth In Q2
Illinois Tool Works Inc. (NYSE: ITW ) reported second-quarter FY22 revenue growth of 9.1% year-over-year to $4.01 billion , 10% on an organic basis, beating the consensus of $3.98 billion. The acquisition of MTS contributed 3% to revenue, while unfavorable foreign currency translation reduced revenue by 4%. Six of seven segments delivered positive organic growth in the quarter, led by Food Equipment 25% Y|Y, … Full story available on Benzinga.com
Illinois Tool Works Clocks 9% Top-Line Growth In Q2
Illinois Tool Works Inc. (NYSE: ITW ) reported second-quarter FY22 revenue growth of 9.1% year-over-year to $4.01 billion , 10% on an organic basis, beating the consensus of $3.98 billion. The acquisition of MTS contributed 3% to revenue, while unfavorable foreign currency translation reduced revenue by 4%. Six of seven segments delivered positive organic growth in the quarter, led by Food Equipment 25% Y|Y, … Full story available on Benzinga.com