Illinois Tool Works Inc (LTS:0J8W)
$ 257.8999 -4.75 (-1.81%) Market Cap: 76.08 Bil Enterprise Value: 83.48 Bil PE Ratio: 21.89 PB Ratio: 22.03 GF Score: 87/100
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Illinois Tool Works Inc at Citi Global Industrials Conference Transcript

Feb 19, 2020 / 04:00PM GMT
Release Date Price: $187.86
Andrew Alec Kaplowitz
Citigroup Inc, Research Division - MD and U.S. Industrial Sector Head

Excited to have Illinois Tool Works, ITW, with us, and Michael Larsen. I've known Mike for a very long time. He's the Senior Vice President and CFO of ITW. Joined in 2013. Previously served as the President, CEO and Director of Gardner Denver, had other roles, was at GE for a long time. But of course, has now been in ITW for a lot of time. And so that's what we want to talk about today.

Questions & Answers

Andrew Alec Kaplowitz
Citigroup Inc, Research Division - MD and U.S. Industrial Sector Head

I'm going to come over here and just to start off with Michael, like some investors in the room probably don't know the company that well. And so I think what actually would be helpful is to talk about the special sauce of ITW, 80/20. What differentiates you as sort of the leaders in 80/20 and what makes you special?

Michael M. Larsen
Illinois Tool Works Inc. - Senior VP & CFO

Yes. I think you hit on it. ITW's core

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