Illinois Tool Works Inc. · NYSE:ITW
Illinois Tool Works — Baird Industrial Conference 2015
7 slides from Illinois Tool Works's conference presentation, Nov 10, 2015
Slide 1: Baird Industrial Conference
Baird Industrial Conference E. Scott Santi, Chairman & CEO Chicago, IL November 10, 2015
Slide 2: Forward Looking Statements
Forward Looking Statements Safe Harbor Statement This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including, without limitation, statements regarding the expected impact and timing of strategic initiatives and related be
Slide 3: Near Term Performance
Near Term Performance Q3 2015 Actuals Highlights EPS +9% ● +9% EPS growth…+18% net ($0.12) currency translation $1.39 impact EPS $1.28 ● Record operating margin of 22.7% as Enterprise Initiatives $3.7B $3.4B contribute 110 basis points ● Organic revenue down (1.7)% … Consumer-oriented Total business
Slide 4: Long Term Performance
Long Term Performance ITW’s Enterprise Strategy: Positioning the company for sustainable differentiated performance Solid growth with best in class margins and returns ~23% 21%+ 20%+ $5.05-$5.15 19.9% ~20% $4.67 18.9% 17.8% 15.9% 16.3% $3.63 14.5% $3.21 2012 2013 2014 2015E 2017E 2012 2013 2014 2015
Slide 5: Appendix
WT VWAY Appendix
Slide 6: ITW Definitions
ITW Definitions Adjusted Return on Invested Capital The Company uses adjusted return on average invested capital ("ROIC") to measure the effectiveness of its operations’ use of invested capital to generate profits. Adjusted ROIC is a non-GAAP financial measure that the Company believes is a meaningf
Slide 7: Non-GAAP Reconciliations
Non-GAAP Reconciliations Adjusted Return on Average Invested Capital Diluted Earnings Per Share December 31, December 31, December 31, December 31, Dollars in millions 2012 2013 2014 2012 Operating income, as reported $ 2,475 $ 2,514 $ 2,888 As reported $ 4.72 Adjustment for Decorative Surfaces (143
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