1、LETS BUILD THE FUTURE2022 ANNUAL REPORT1To Our Shareholders,Employees,and Business Partners,Beldens performance in 2022 was exceptional and highlights our continued success transforming Belden from aprovider of best in class products,to a provider of value-added solutions.The world is changing with
2、ever increasingneeds for data and solutions providers like Belden who can gather and package data to improve customer outcomes.Our business continued to perform well in 2022,with strong organic growth,record EPS,and robust free cash flow.Our team members at Belden rose to the occasion once again to
3、support our customers,execute our strategic plans,and deliver extraordinary financial results1,which included:Revenues of$2.607 billion,increasing 13%overall and 16%organically;EBITDA of$444 million,increasing 19%;Record EPS of$6.41,increasing 35%;andFree cash flow of$220 million,increasing 4%.2022
4、was also a year of strong equity performance.Belden delivered total shareholder returns of 10%for the year,which outpaced the gains in the U.S.equity markets.We conintued to execute against our capital allocation priorities.Highlights in 2022 included launching innovativenew products,enhancing our s
5、olution delivery capabilities,completing strategic acquisitions,and furtherstrengthening the balance sheet.These efforts enhance our ability to deliver sustainable and profitable growth with robust shareholder returns,and Iwould like to share some additional details with you now.New product innovati
6、onWe increased our R&D efforts in recent years to drive accelerating organic growth,which led to a number ofinnovative new product launches during the year.This includes our launch of the Hirschmann OpEdge-8D device toimprove Industrial Internet of Things(IIoT)connectivity in large,complex industria