Baker Hughes Company · NASDAQ:BKR
Baker Hughes — Baker Hughes, a GE company — Q4 2017 Earnings Presentation
7 slides from Baker Hughes's earnings presentation, Jan 24, 2018
Slide 1: 4Q'17 BHGE Earnings
4Q’17 BHGE Earnings January 24, 2018 Confidential. Not to be copied, distributed, or reproduced without prior approval. ©© 2017 2018 General Baker Electric Hughes, a GECompany company--All Allrights rights reserved reserved
Slide 2: Disclaimer
Disclaimer This news release (and oral statements made regarding the subjects of this release) may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, (each a “forward-look
Slide 3: 4Q'17 highlights & environment update
4Q’17 highlights & environment update • Orders of $5.8 billion, Revenue of $5.8 billion, GAAP operating loss of $92 million, Adjusted operating Financial income (a non-GAAP measure) of $303 million Results • GAAP net loss per share of $(0.07) … Adjusted earnings per share (a non-GAAP measure) of $0.
Slide 4: 4Q'17 BHGE combined basis business results
4Q’17 BHGE combined basis business results Sequential Prior year ($ in millions, except EPS) 4Q’17 variance variance Orders $5,757 1% (2)% Revenue $5,763 7% (3)% Operating loss $(92) 25% U Adjusted operating income (non-GAAP)1 $303 26% (16)% Earnings per share (attributable to Class A shareholders)
Slide 5: Segment financial performance
Segment financial performance ($ in millions) Oilfield Services Turbomachinery & Process Solutions 4Q’17 Sequential YoY 4Q‘17 Sequential YoY Orders $2,774 5% 9% Orders $1,729 23% (8)% Revenues 2,774 5% 10% Revenues 1,622 7% (14)% Operating income 113 49% F Operating income 146 (30)% (53)% Operating
Slide 6: Positioning for growth and profitability
• Positioning for growth and profitability • Progress on capital allocation • Delivering on integration priorities • Executing on priorities for shareholders © 2018 Baker Hughes, a GE company - All rights reserved
Slide 7: Baker Hughes, a GE company
BAKER (46) UGHES a GE company
Baker Hughes, a GE company — Q4 2017 Earnings Presentation on 6ix