Global Fastener News

Tag "ITW"

ITW Fastener Revenue & Profit Declines

January 31
13:56 2020

Overall ITW revenue dropped 3.1% to $3.47 billion, with organic revenue down 1.6% and operating margin at 23.7%.

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ITW Fastener Segments Revenue Drops

October 25
15:04 2019

“While the demand environment continued to moderate across a broad cross section of our portfolio, we delivered another solid quarter with excellent operational execution,” stated CEO E. Scott Santi.

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ITW Fastener Segments See Sales Fall

July 28
22:32 2019

“In the second quarter, we experienced a deceleration in demand across our portfolio relative to the demand levels we were seeing exiting the first quarter,” stated CEO E. Scott Santi.

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FIN Stock: ITW

May 20
22:35 2019

ITW reported Automotive OEM revenue, including fasteners, fell 13.7% to $696 million in the first quarter of 2010.  Segment organic revenue dropped 13% in North America, 9% in Europe and 21% in China.

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ITW Fastener Sales Decline

April 26
14:01 2019

Revenues, operating income and margin all down in the opening quarter of 2019.

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ITW Fastener Segment Sales Edge Up

February 04
00:16 2019

During 2018, ITW revenue rose 3.3% to $14.8 billion, with operating margin slipping to 24.3%.

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ITW Fastener Segments Results Mixed

October 24
16:26 2018

ITW's Construction Products segment reported sales and profit gains, while Automotive OEM saw sales decline.

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ITW Sees Organic Fastener Sales Growth

July 24
16:51 2018

Overall ITW revenue improved 7% to $3.8 billion in Q2, which included organic growth of 4% driven by 5% growth in North America.

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ITW Sees Growth in Fastener Segments

April 26
17:12 2018
    ITW Sees Growth in Fastener Segments

“Despite lower than expected auto builds impacting our Automotive OEM segment, we delivered three percent organic revenue growth,” stated CEO Scott Santi.

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G.L. Huyett Acquires ITW’s HANDI-CHEK

March 20
02:06 2018
    G.L. Huyett Acquires ITW’s HANDI-CHEK

ISO certified manufacturer and master distributor of non-threaded fasteners acquires the HANDI-CHEK packaged goods business of ITW Shakeproof Industrial Products.

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ITW Reports Growth in Automotive Fastener Sales

January 24
20:34 2018
    ITW Reports Growth in Automotive Fastener Sales

Overall ITW revenue grew 5% to $14.3 billion in 2017, with net income down 17% to $1.69 billion and operating margin improving 190 bps to 24.4%.

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ITW Introduces Revamped Cement Board Screws

September 27
10:37 2017
    ITW Introduces Revamped Cement Board Screws

Screws have been uniquely designed with a patented serrated head, T-25 star drive with Stikfit and serrated thread forms to solve common contractor challenges and enhance performance.

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EF&C Boosts ITW Growth

July 25
11:59 2017
    EF&C Boosts ITW Growth

“Organic revenue increased 2.6% while the 2016 acquisition of Engineered Fasteners & Components (EF&C) added 3.5% to revenue,” the company stated.

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ITW Fastener Acquisition Boosts Top Line Growth

April 26
11:06 2017
    ITW Fastener Acquisition Boosts Top Line Growth

Organic revenue increased 3.5%, while the 2016 acquisition of Engineered Fasteners & Components (EF&C) added 3.8% to revenue.

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ITW Fastener Sales Show Growth

January 25
17:47 2017
    ITW Fastener Sales Show Growth

Results boosted by the $450 million acquisition of the global automotive Engineered Fasteners and Components business of ZF TRW.

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FIN Stock: ITW

August 30
23:44 2016
    FIN Stock: ITW

Founded in 1912, ITW manufactures fasteners and industrial components and specialty products primarily for the auto, food and construction industries.

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