Slide 1: Q2 2023 Earnings Call Presentation
Q2 2023 Earnings Call Presentation July 27th, 2023 The data in this package should be read in conjunction with the Textron earnings release and accompanying tables. © 2023 TEXTRON INC. 1
Slide 2: Forward-looking Information
Forward-looking Information Certain statements in this package and other oral and written statements made by Textron from time to time are forward-looking statements, including those that discuss strategies, goals, outlook or other non-historical matters; or project revenues, income, returns or othe
Slide 3: Key Data − Q2 2023
Key Data − Q2 2023 Q2 2023 Q2 2022 Revenues $ 3.4B $ 3.2B Segment Profit (1) $ 352M $ 281M EPS $ 1.30 $ 1.00 Adjusted EPS (1) $ 1.46 $ 1.11 Manufacturing Cash Flow $ 242M $ 309M Before Pension Contributions (1) Pension Contributions $ 11M $ 11M (1) Segment Profit, Adjusted EPS and Manufacturing cash
Slide 4: Q2 2023 Revenue Growth
Q2 2023 Revenue Growth Organic Revenue Acquisition Organic FX Impact Growth Growth Impact Growth Un(Fav) Before FX Textron Aviation 6.1% - 6.1% - 6.1% Bell 2.0% - 2.0% - 2.0% Textron Systems 4.4% - 4.4% - 4.4% Industrial 17.8% - 17.8% 0.3% 18.1% Textron eAviation 120.0% - 120.0% - 120.0% Manufacturi
Slide 5: Adjusted EBITDA
Adjusted EBITDA Q2 2023 Q2 2022 ($ amounts in millions) Income Before Income Taxes $ 329 $ 263 Add: Interest Expense, net for Manufacturing group 16 28 Depreciation Expense 90 84 Intangible Asset Amortization 10 13 LIFO Inventory Provision 35 17 Adjusted EBITDA (1) $ 480 $ 405 (1) Adjusted EBITDA is
Slide 6: Non-GAAP Financial Measures
Non-GAAP Financial Measures We supplement the reporting of our financial information determined under U.S. generally accepted accounting principles (GAAP) with certain non-GAAP financial measures. These non-GAAP financial measures exclude certain significant items that may not be indicative of, or a
Slide 7: © 2023 TEXTRON INC.
BELL v HOWE X HOWE Quvconmea € ATAC af TRATRON EZGO) TEXTRON ral @eecheraft = P| PISTREL TEXTRON Systems KAUTEX A Textron Company ' et wagetn TEXTRON (G5—)} (G) cusHman GROUND SUPPORT EQUIPMENT TEXTRON A Textron Company © 2023 TEXTRON INC. 7