ITW(ITW) - 2024 Q2 - Earnings Call Presentation

6 • Europe (7)% • Australia/New Zealand (4)% GAAP EPS $9.74 $10.30 – $10.40 +6 - 7% • Revenue and organic growth projected to be ~flat - Based on current levels of demand exiting Q2 and declining automotive build forecast - Enterprise initiatives contribute more than 100 bps 2023 2024E +165 bps STRONG EXECUTION IN A CHALLENGING MACRO DEMAND ENVIRONMENT Revenue - Reduction of (1)% / $(0.15) at the mid-pt. vs. prior range Operating Margin 25.1% After-tax ROIC* 30.4% 31%+ *See ITW's Q2'24 press release for the ...