Slide 1: Q3 2023 Earnings Call Presentation
Q3 2023 Earnings Call Presentation October 26th, 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 − Q3 2023
Key Data − Q3 2023 Q3 2023 Q3 2022 Revenues $ 3.3B $ 3.1B Segment Profit (1) $ 332M $ 272M EPS $ 1.35 $ 1.06 Adjusted EPS (1) $ 1.49 $ 1.15 Manufacturing Cash Flow $ 205M $ 292M Before Pension Contributions (1) Pension Contributions $ 10M $ 11M (1) Segment Profit, Adjusted EPS and Manufacturing cash
Slide 4: Q3 2023 Revenue Growth
Q3 2023 Revenue Growth Organic Revenue Acquisition Organic FX Impact Growth Growth Impact Growth Un(Fav) Before FX Textron Aviation 14.7% - 14.7% - 14.7% Bell - - - - - Textron Systems 5.8% - 5.8% - 5.8% Industrial 8.6% - 8.6% (1.2%) 7.4% Textron eAviation 40.0% - 40.0% - 40.0% Manufacturing Segment
Slide 5: Adjusted EBITDA
Adjusted EBITDA Q3 2023 Q3 2022 ($ amounts in millions) Income Before Income Taxes $ 301 $ 264 Add: Interest Expense, net for Manufacturing group 16 21 Depreciation Expense 89 83 Intangible Asset Amortization 10 13 LIFO Inventory Provision 26 13 Adjusted EBITDA (1) $ 442 $ 394 (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