GLENVIEW, IL -- Illinois Tool Works' Power Systems and Electronics segment today reported November quarter revenue rose 18% year-over-year, continuing a long recovery.

ITW's total operating revenue increased 10% year-over-year for the three months ended Nov. 30. Organic or base revenues contributed four percentage points to revenue growth, with acquisitions making up the difference.

The Power Systems and Electronics unit includes Speedline Technologies, Vitronics-Soltec and other leading brands.

In November, the company continued to see generally stable demand in a number of worldwide end markets and geographies. Europe, however, continued to be challenging, the conglomerate said.

ITW is forecasting fourth-quarter revenue growth of 9.5% to 12.5%, and 2011 full-year revenue growth range of 15.1% percent to 15.9%.

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