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ITW FEG Sales Up 2% 1Q/2019 But Equipment Sales Flat

Written by The Ashton Report

Illinois Tool Works released its 1Q/2019 results April 25 and said organic revenue for its Food Equipment Group rose 2% in the quarter compared to the same quarter last year, though with accounting for one fewer day, revenue rose 3%. But all the gain came from the division’s service operations, which account for about a…

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