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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Q1 2020 Illinois Tool Works Inc Earnings Call Transcript

May 05, 2020 / 03:00PM GMT
Release Date Price: $168.99
Operator

Good morning. My name is Julianne, and I will be your conference operator today. At this time, I would like to welcome everyone to the conference call. (Operator Instructions) Thank you.

Karen Fletcher, Vice President of Investor Relations, you may begin your conference.

Karen A. Fletcher
Illinois Tool Works Inc. - VP of IR

Okay. Thanks, Julianne. Good morning, everyone, and welcome to ITW's First Quarter 2020 Conference Call. I'm joined by our Chairman and CEO, Scott Santi; Vice Chairman, Chris O'Herlihy; and Senior Vice President and CFO, Michael Larsen.

During today's call, we will discuss ITW's first quarter 2020 financial results as well as the impact of the global pandemic on our business and our strategy for managing through it.

Slide 2 is a reminder that this presentation contains forward-looking statements. We refer you to the company's 2019 Form 10-K, the Form 8-K filed today and the Form 10-Q to be filed on May 7 for more detail about important risks that could cause actual results to differ materially from our

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