Illinois Tool Works (ITW) Q1 2022 revenue up 11.01% y/y to USD3.93 billion

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Financial results

Foreign currency translation impact reduced revenue by 2.2% in Q1 2022

Illinois Tool Works (ITW) has reported first quarter revenue at USD3.93 million with a year-on-year (y/y) increase of 11.01% compared to USD3.54 billion in the first quarter of 2021 for the three months ended 31 March 2022, according to a filing by the company on 3 May.

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