GLENVIEW, IL -- Illinois Tool Works today reported second quarter revenue at its Test & Measurement/Electronics unit grew 3% from a year ago to $507 million.

Operating margin in the segment rose 250 basis points to 18.6%. Operating income for the period ended June 30 was $94 million. Organic operating revenues were up 2.8% for the quarter.

The Test & Measurement/Electronics unit include Speedline, Vitronics Soltec, Kester and other leading suppliers.

Total revenue was $3.4 billion, down 0.1% as currency translation reduced revenue by 1.3%. Overall corporate operating margin increased 180 basis points to 23.1%, and operating income of $792 million was up 8%. Organic revenue was up 120 basis points as Product Line Simplification partially offset positive year-over-year growth at the company’s other six segments. Excluding PLS, organic sales were up 2%.

"I am very pleased with ITW’s performance in the quarter," said Scott Santi, chairman and chief executive Officer. "The fact that we achieved best-ever operating income, operating margin, and return on invested capital performance reinforces both our conviction in the strength of the differentiated performance potential that resides within the ITW Business Model and the excellent progress that our ITW colleagues around the world continue to make in positioning the company to leverage it to its full potential.”

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