EX-99.2 4 g82381exv99w2.htm EX-99.2 EXCERPTS FROM WRITTEN MATERIALS Ex-99.2 Excerpts from written materials
 

EXHIBIT 99.2

Excerpts from Goodrich Corporation written materials dated April 28, 2003 captioned “First Quarter 2003 Performance Review”.

FORWARD LOOKING STATEMENTS

Certain statements made in this presentation are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the Company’s future plans, objectives, and expected performance. The Company cautions readers that any such forward-looking statements are based on assumptions that the Company believes are reasonable, but are subject to a wide range of risks, and actual results may differ materially.

Important factors that could cause actual results to differ include, but are not limited to, the extent to which the Company is successful in integrating TRW’s Aeronautical Systems businesses and achieving operating synergies, as well as other factors discussed in the Company’s filings with the Securities and Exchange Commission, including in the Company’s Annual Report on Form 10-K for the year ended December 31, 2002.

The Company cautions you not to place undue reliance on the forward-looking statements contained in this presentation, which speak only as of the date on which such statements were made. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date on which such statements were made or to reflect the occurrence of unanticipated events.

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Sales by Market Channel

                 
1st Quarter 2003 Sales — $1,094M
                
 
Military & Space, OE & Aftermarket
     —       26 %
Airbus Commercial OE
     —       15 %
Boeing Commercial OE
     —       10 %
Large Commercial Aircraft Aftermarket
     —       26 %
Regional, Business & General Aviation OE & Aftermarket
     —       12 %
IGT & Other
     —       7 %
Heavy Airframe Maintenance
     —       4 %
 
Balanced business mix – about 45% aftermarket
                

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Expectations for Goodrich 2003 Sales

                           
      Pro-forma   Avg. Expected 2003 Growth
      2002 Sales  
Sales by Market Channel   Mix   Prior   Current
 
 
 
Military and Space — OE and Aftermarket
     26 %     5 - 10 %     5 - 10 %
Boeing and Airbus OE Production
     25 %     (15 - 20 %)     (15 - 20 %)
Large Commercial Aircraft
           Flat, up        
 
Aftermarket
     25 %   slightly     (5 - 10 %)
Regional, Business & General
                   OE – Down
 
Aviation OE and Aftermarket
     13 %   Flat   slightly;
 
                   Aftmkt. –
 
                   slightly up
Other – including IGT
     7 %     (0 - 5 %)     (10 %)
Heavy Airframe Maintenance
     4 %     (5 %)     (>25 %)
 
Goodrich Total – Sales Expectations
   $ 4.6B     $ 4.4 – 4.5B   $ 4.3B  

*     Pro-forma sales, including full year contribution of Aeronautical Systems, excludes discontinued operations of Avionics business. $3,809M as reported, plus $756M for Aeronautical Systems during first 9 months of 2002.

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