Illinois Tool Works Inc (WBO:ITW)
€ 246.8 -3.2 (-1.28%) Market Cap: 72.94 Bil Enterprise Value: 80.04 Bil PE Ratio: 22.29 PB Ratio: 22.44 GF Score: 81/100

Illinois Tool Works Inc at Bank of America Merrill Lynch Global Industrials Conference Transcript

Mar 19, 2019 / 11:25AM GMT
Ross Paul Gilardi
BofA Merrill Lynch, Research Division - Director

Great. Good morning, everybody. So next on the roster, we're really pleased to welcome Illinois Tool Works, ITW, to our Global Industrials Conference for the very first time. Really appreciate ITW being here with us today. Very privileged to have Vice Chairman, Chris O'Herlihy, who's going to talk through some of the slides and give a brief overview, and then we'll go to questions. And then, of course, here is also Karen Fletcher, who is Director of Investor Relations. But thanks, Chris, over to you.

Christopher A. Oâ;Herlihy
Illinois Tool Works Inc. - Vice Chairman

Great. Yes. So thank you, Ross, and good morning, everyone. It's certainly nice to be here. So we'll start here with just a slide on the obligatory forward-looking statements.

And so we started the enterprise strategy in ITW in late 2012, really asking ourselves a basic question in terms of what really differentiates our company, what's the difference maker so to speak, that is unique to ITW. And as you've

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