Impact of Additional Week on Net Sales
7
$ in Millions
Q3 Sales
Communications Solutions
Q3 Business Performance
TE
connectivity
Reported
Down 37%
Y/Y Growth Rates
Reported Organic
Data & Devices
$252 (41)%
(41)%
$671
Organic
Appliances
172
(30)%
(29)%
$424
Down 37%
Communications
$424
(37)%
(37)%
Solutions
Q3 2022
Q3 2023
Q3 Adjusted Operating Margin
Margin impacted
26.5%
by lower volume
14.2%
Adjusted EBITDA Margin
Q3 2022
Q3 2023
29.7%
19.8%
•
Data & Devices decline driven by ongoing
consumption of inventory across our customers'
supply chain
Appliances impacted by market weakness in all
regions
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