Baker Hughes Company · NASDAQ:BKR

Baker Hughes — Q3 2018 Earnings Presentation

7 slides from Baker Hughes's earnings presentation, Oct 30, 2018

  1. Slide 1: 3Q'18 BHGE Earnings

    3Q’18 BHGE Earnings October Confidential.30, Not2018 to be copied, distributed, or reproduced without prior approval. © 2018 Baker Hughes, a GE company - All rights reserved

  2. 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

  3. Slide 3: 3Q'18 highlights & environment update

    3Q’18 highlights & environment update • Orders of $5.7 billion, Revenue of $5.7 billion, GAAP operating income of $282 million, Adjusted operating income (a non- GAAP measure) of $377 million Financial • GAAP diluted earnings per share of $0.03 … Adjusted earnings per share (a non-GAAP measure) of $

  4. Slide 4: 3Q'18 BHGE financial performance

    3Q’18 BHGE financial performance Sequential Prior year ($ in millions, except EPS) 3Q'18 variance variance Orders $5.7B (5)% - Revenue $5.7B 2% 7% Operating income $282M F F Adjusted operating income (non-GAAP)1 $377M 30% F GAAP earnings per share (attributable to Class A shareholders) $0.03 F F Adj

  5. Slide 5: Segment financial performance

    Segment financial performance ($ in millions) Oilfield Services Turbomachinery & Process Solutions 3Q'18 Sequential YoY 3Q'18 Sequential YoY Orders $3,011 5% 10% Orders $1,552 4% 16% Revenues 2,993 4% 12% Revenues 1,389 - (2)% Operating income 231 22% F Operating income 132 17% (2)% Operating income

  6. Slide 6: Well positioned for improving macro environment

    • Well positioned for improving macro environment • Securing key commercial wins • Delivering on commitments of share, margins and cash • Executing for customers and shareholders © 2018 Baker Hughes, a GE company - All rights reserved

  7. Slide 7: Baker Hughes, a GE company

    BAKER (46) UGHES a GE company

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