Goodyear Forward: Driving Shareholder Value
Portfolio Optimization: Sharpening our Focus
Margin Expansion: Creating Fuel for Growth
Addressing Leverage: Strengthening our Profile
MARGIN EXPANSION: CREATING FUEL FOR GROWTH
FOCUSED ON ACCOUNTABILITY WITH DETAILED ACTIONS AND CLEAR TIMELINE TO ACHIEVE 10% SOI MARGIN AND
OPTIMIZE GOODYEAR'S STRATEGIC AND COMPETITIVE POSITIONING
2.5%
1.5%
12.5%
(2.5%)
5.0%
10.0%
+$0.3B SOI
($0.2B) Sales
($0.5B) SOI²
-7.0%
(1.0%)
6.5%
($0.3B) SOI
($1.9B) Sales
+$1.0B SOI
H12023A
03 2023A
Q4 2023E
Potential
Divestiture
Impact
Cost
Reduction
Volume/
Price/
Pro Forma
SOI Margin
Mix
Non-Raw
Material
Inflation
04 2025E
Run Rate
Target
1
Enabled by -$1.1B of restructuring inclusive of -$400M of previously announced rationalization programs.
2 Assumes -3% non-raw material inflation per year before any potential benefit of pricing.
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