Impact of Additional Week on Net Sales
$ in Millions
Q3 Sales
Reported
Up 6%
Organic
Up 7%
Transportation Solutions
STE
connectivity
Q3 Business Performance
Y/Y Growth Rates
Reported
Organic
Automotive
$1,747
7%
9%
$2,300
$2,433
Commercial
403
1%
2%
Transportation
Sensors
283
4%
4%
Q3 2022
Q3 2023
Transportation
Solutions
$2,433
6%
7%
Q3 Adjusted Operating Margin
Margins reflecting
strong operational
performance along
18.6%
17.3%
with benefit of price
increases
Q3 2022
Q3 2023
Adjusted EBITDA Margin
23.2%
23.5%
LO
5
Automotive organic growth across all regions. Strong
performance continues to be driven by our leading
position in electric vehicles along with electronification
trends
Commercial Transportation organic growth in Asia
and Europe, partially offset by declines in North
America
Sensors organic growth driven by automotive
applications
Organic Net Sales Growth (Decline), Adjusted Operating Margin and Adjusted EBITDA Margin are non-GAAP financial measures; see Appendix for descriptions and reconciliationsView entire presentation