Illinois Tool Works Inc (LTS:0J8W)
$ 273.4826 0.7826 (0.29%) Market Cap: 80.31 Bil Enterprise Value: 87.71 Bil PE Ratio: 23.53 PB Ratio: 23.68 GF Score: 84/100

Q2 2021 Illinois Tool Works Inc Earnings Call Transcript

Jul 30, 2021 / 02:00PM GMT
Release Date Price: $223.88 (-1.05%)
Operator

Good morning. My name is Adam, and I'll be your conference operator today. At this time, I would like to welcome everyone to the conference call. (Operator Instructions) Karen Fletcher, Vice President of Investor Relations, you may begin your conference.

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

Thank you, Adam. Good morning, and welcome to ITW's Second Quarter 2021 Conference Call. I'm joined by our Chairman and CEO, Scott Santi; and our Vice Chairman, Chris O'Herlihy. Senior Vice President and CFO, Michael Larsen, is recovering from a sports-related injury and is not available to participate in today's call. We certainly wish Michael all the best and look forward to seeing him next week.

During today's call, we will discuss ITW's second quarter financial results and update our guidance for the full year 2021. Slide 2 is a reminder that this presentation contains forward-looking statements. We refer you to the company's 2020 Form 10-K and subsequent reports filed with the SEC for more detail about important risks that could cause actual

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