Page 4 - FORTIVE_RUSSIA_NEWSLETTER_OCTOBER _18

We compete for Shareholders

FORTIVE WW NEWS

FORTIVE Third Quarter 2018 Earnings

We made tremendous progress this quarter against our strategy to transform the portfolio.
Having now closed on over $5.5 billion of our $8.2 billion in acquisitions announced this year,
we are well positioned to accelerate our growth and open attractive, new markets.
For the quarter, our earnings of $321.1 million were up 18% over the prior year. Sales grew 9%
to $1.8 billion, reflecting a core revenue increase1 of 3%. Although we experienced challenges
outperforming the market in some businesses, it was exciting to see our recent acquisitions,
including Gordian and Accruent, contribute to our growth.
This quarter we generated approximately $352 million of free cash flow, representing a 23%
year-over-year increase. Our free cash flow metric is important because it enables and enhances our ability to invest
in both our current businesses and potential acquisitions.

Fortive Day of Caring 2018

“The Autumn of good deeds”

“I took 12th of October for my FORTIVE Charity Day to help the grandmother of my husband and
her 84 y. o. neighbor, I cleaned their apartments and bought products in the supermarket, as they
are not able to go out because of the sore legs”, -
Vera Glushenkova

Russia FLUKE&TEK Team bought tickets to the
Moscow Circus for the orphanage children. Anna
Shakhmatova accompanied them on October 18th.

Thank you, Vera and Anna! And it is never late to do something small to make someone near us a bit happier!

4