Slide 1: Q1 2023 Earnings Call Presentation
Q1 2023 Earnings Call Presentation APRIL 27 TH , 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 − Q1 2023
KEY DATA − Q1 2023 Q1 2023 Q1 2022 Revenues $ 3.0B $ 3.0B Segment Profit $ 259M $ 277M EPS $ 0.92 $ 0.88 Adjusted EPS $ 1.05 $ 0.97 Manufacturing Cash Flow $ 104M $ 209M Before Pension Contributions Pension Contributions $ 13M $ 14M (1) Segment Profit, Adjusted EPS and Manufacturing cash flow before
Slide 4: Q1 2023 Revenue Growth
Q1 2023 Revenue Growth Organic Revenue Acquisition Organic FX Impact Growth Growth Impact Growth Un(Fav) Before FX Textron Aviation 10.5% - 10.5% - 10.5% Bell (25.5%) - (25.5%) - (25.5%) Textron Systems 12.1% - 12.1% - 12.1% Industrial 11.2% - 11.2% 2.2% 13.4% Textron eAviation 0.1% (100%) - - - Man
Slide 5: Adjusted EBITDA
Adjusted EBITDA ($ amounts in millions) Q1 2023 Q1 2022 Income Before Income Taxes $ 227 $ 232 Add: Interest Expense, net for Manufacturing group 17 28 Depreciation Expense 81 79 Intangible Asset Amortization 10 13 LIFO Inventory Provision 25 12 Adjusted EBITDA (1) $ 360 $ 364 (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: Textron brands
BELL v HOWE X HOWE Quvcoumea € ATAC af TRATRON EZGO) TEXTRON ral @eecheraft = P| PISTREL TEXTRON Systems KAUTEX A Textron Company F eS wagetn TEXTRON (GSE) (G) cusHman GROUND SUPPORT EQUIPMENT TEXTRON A Textron Company ) 2023 TEXTRON INC 7