Illinois Tool Works Inc (XTER:ILT)
€ 264.5 1 (0.38%) Market Cap: 78.00 Bil Enterprise Value: 84.60 Bil PE Ratio: 24.01 PB Ratio: 24.17 GF Score: 87/100

Q2 2019 Illinois Tool Works Inc Earnings Call Transcript

Jul 26, 2019 / 02:00PM GMT
Release Date Price: €40.22
Operator

Welcome, and thank you for joining ITW's 2019 Second Quarter Earnings Call. My name is Cheryl, and I will be your conference operator today. (Operator Instructions) As a reminder, this conference call is being recorded.

I will now turn the call over to Karen Fletcher, Vice President of Investor Relations. Karen, you may begin.

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

Thanks, Cheryl. Good morning and welcome to ITW's Second Quarter 2019 Conference Call. I'm joined by our Chairman and CEO, Scott Santi; along with Senior Vice President and CFO, Michael Larsen. During today's call, we will discuss second quarter financial results and provide an update on our 2019 full year outlook.

Slide 2 is a reminder that this presentation contains our financial forecast for the remainder of the year as well as other forward-looking statements identified on this slide. We refer you to the company's 2018 Form 10-K for more detail about important risks that could cause actual results to differ materially from our expectations. Also, this

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