Slide 1: Q1 2024 Earnings Call Presentation
Q1 2024 Earnings Call Presentation APRIL 25 TH , 2024 The data in this package should be read in conjunction with the Textron earnings release and accompanying tables. © 2024 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 2024
KEY DATA − Q1 2024 Q1 2024 Q1 2023 Revenues $ 3.1B $ 3.0B Segment Profit $ 290M $ 259M EPS $ 1.03 $ 0.92 Adjusted EPS $ 1.20 $ 1.05 Manufacturing Cash Flow $ (81M) $ 104M Before Pension Contributions Pension Contributions $ 12M $ 13M (1) Segment Profit, Adjusted EPS and Manufacturing cash flow befor
Slide 4: Q1 2024 Revenue Growth
Q1 2024 Revenue Growth Organic Revenue Acquisition Organic FX Impact Growth Growth Impact Growth Un(Fav) Before FX Textron Aviation 3.4% - 3.4% - 3.4% Bell 17.1% - 17.1% - 17.1% Textron Systems - - - - - Industrial (4.3%) - (4.3%) 0.5% (3.8%) Textron eAviation 75.0% - 75.0% - 75.0% Manufacturing Seg
Slide 5: Adjusted EBITDA
Adjusted EBITDA ($ amounts in millions) Q1 2024 Q1 2023 Income Before Income Taxes $ 237 $ 227 Add: Interest Expense, net for Manufacturing group 15 17 Depreciation Expense 78 81 Intangible Asset Amortization 8 10 LIFO Inventory Provision 20 25 Special Charges 14 - Adjusted EBITDA (1) $ 372 $ 360 (1
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 wal Peechcraft PiPISTR=L TEXTRON Systems oweXsone Qarcomme CAzac qd mmm Bars) TEXTRON A Textron Company Gey ear goat TEXTRON (65E} (G) cusHmMan GROUND SUPPORT E QUIPMENT TEXTRON 2024 TEXTRON INC.