Exhibit 99.1
TE CONNECTIVITY PLC
SEGMENT RESULTS (UNAUDITED)
| | For the Quarters Ended | | For the Years Ended | | ||||||||||||||||||||||||||
| | September 27, | | June 28, | | March 29, | | December 29, | | September 29, | | June 30, | | March 31, | | December 30, | | September 27, | | September 29, | | ||||||||||
| | 2024 | | 2024 | | 2024 | | 2023 | | 2023 | | 2023 | | 2023 | | 2022 | | 2024 | | 2023 | | ||||||||||
| | (in millions) | | ||||||||||||||||||||||||||||
Net sales: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Transportation Solutions | | $ | 2,330 | | $ | 2,351 | | $ | 2,407 | | $ | 2,393 | | $ | 2,435 | | $ | 2,455 | | $ | 2,506 | | $ | 2,279 | | $ | 9,481 | | $ | 9,675 | |
Industrial Solutions | | | 1,738 | | | 1,628 | | | 1,560 | | | 1,438 | | | 1,600 | | | 1,543 | | | 1,654 | | | 1,562 | | | 6,364 | | | 6,359 | |
Total | | $ | 4,068 | | $ | 3,979 | | $ | 3,967 | | $ | 3,831 | | $ | 4,035 | | $ | 3,998 | | $ | 4,160 | | $ | 3,841 | | $ | 15,845 | | $ | 16,034 | |
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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Operating income: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Transportation Solutions | | $ | 410 | | $ | 506 | | $ | 477 | | $ | 487 | | $ | 420 | | $ | 436 | | $ | 341 | | $ | 290 | | $ | 1,880 | | $ | 1,487 | |
Industrial Solutions | | | 241 | | | 249 | | | 215 | | | 211 | | | 215 | | | 194 | | | 196 | | | 212 | | | 916 | | | 817 | |
Total | | $ | 651 | | $ | 755 | | $ | 692 | | $ | 698 | | $ | 635 | | $ | 630 | | $ | 537 | | $ | 502 | | $ | 2,796 | | $ | 2,304 | |
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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Adjusted operating income (1): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Transportation Solutions | | $ | 452 | | $ | 498 | | $ | 496 | | $ | 504 | | $ | 453 | | $ | 463 | | $ | 419 | | $ | 366 | | $ | 1,950 | | $ | 1,701 | |
Industrial Solutions | | | 303 | | | 268 | | | 239 | | | 227 | | | 246 | | | 229 | | | 245 | | | 256 | | | 1,037 | | | 976 | |
Total | | $ | 755 | | $ | 766 | | $ | 735 | | $ | 731 | | $ | 699 | | $ | 692 | | $ | 664 | | $ | 622 | | $ | 2,987 | | $ | 2,677 | |
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(1) Adjusted operating income is a non-GAAP financial measure. See description of non-GAAP financial measure. | | ||||||||||||||||||||||||||||||