Baker Hughes Company · NASDAQ:BKR

Baker Hughes — Q1 2018 Earnings Presentation

7 slides from Baker Hughes's earnings presentation, Apr 20, 2018

  1. Slide 1: 1Q 2018 BHGE Earnings

    1Q 2018 BHGE Earnings April 20, 2018 Confidential. Not to be copied, distributed, or reproduced without prior approval. © 2018 Baker Hughes, a GE company - All rights reserved

  2. Slide 2: Forward-looking statements and combined business basis disclosure

    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-looking stateme

  3. Slide 3: 1Q'18 highlights & environment update

    1Q’18 highlights & environment update • Orders of $5.2 billion, Revenue of $5.4 billion, GAAP operating loss of $41 million, Adjusted operating income (a non-GAAP measure)1 of $228 million Financial Results • GAAP diluted earnings per share of $0.17 … Adjusted diluted earnings per share (a non-GAAP

  4. Slide 4: 1Q'18 BHGE combined basis business results

    1Q’18 BHGE combined basis business results Sequential Prior year ($ in millions, except EPS) 1Q’18 variance variance Orders $5,238 (8)% 9% Revenue $5,399 (7)% 1% Operating loss $(41) 63% U Adjusted operating income (non-GAAP)1 $228 (20)% (19)% Earnings per share (attributable to Class A shareholders

  5. Slide 5: Segment financial performance

    Segment financial performance ($ in millions) Oilfield Services Turbomachinery & Process Solutions 1Q’18 Sequential YoY 1Q’18 Sequential YoY Orders $2,640 (5)% 10% Orders $1,450 (16)% 10% Revenues 2,678 (4)% 12% Revenues 1,460 (12)% (11)% Operating income 141 39% 85% Operating income 119 (24)% (53)%

  6. Slide 6: Key priorities: commercial wins, synergies, cash generation

    • Securing key commercial wins • Continuing execution on synergies • Improving cash generation • Executing on priorities for 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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