Carpenter Technology Reports Third Quarter Fiscal Year 2023 Results

Management believes that the adjusted free cash flow measure provides useful information to investors regarding the Company's financial condition because it is a measure of cash generated which management evaluates for alternative uses.


PRELIMINARY

SUPPLEMENTAL SCHEDULE
(in millions)
(Unaudited)

  Three Months Ended Nine Months Ended
  March 31, March 31,
NET SALES BY END-USE MARKET  2023  2022  2023  2022
End-Use Market Excluding Surcharge Revenue:        
Aerospace and Defense $241.5 $152.2 $625.4 $421.1
Medical  62.2  46.1  174.7  123.5
Transportation  34.0  32.4  85.0  92.4
Energy  28.6  23.1  69.5  55.3
Industrial and Consumer  95.7  82.0  242.7  214.8
Distribution  29.5   33.2     90.7     89.8
                 
Total net sales excluding surcharge revenue     491.5     369.0     1,288.0     996.9
                 
Surcharge revenue     198.6     120.0     504.1     275.7
                 
Total net sales   $ 690.1   $ 489.0   $ 1,792.1   $ 1,272.6

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