GE CEO Gives Outlook for 2020

Image: GE Renewable EnergyImage: GE Renewable Energy
“We entered this year with momentum," says H. Lawrence Culp Jr.

Official Press Release GE Renewable Energy:

Outlook 2020: GE CEO Says Company Remains Focused On Accelerating Multiyear Transformation

Wind Industry Profile of
Outlook 2020: GE CEO Says Company Remains Focused On Accelerating Multiyear Transformation

On an outlook call with analysts and investors yesterday, GE Chairman and CEO H. Lawrence Culp Jr. laid out plans to solidify the company’s finances, further strengthen its businesses, and deliver long-term profitable growth.

“We entered this year with momentum, having diligently addressed our most pressing issues and reset our foundation in 2019,” Culp told the group. “While there’s more work ahead, I am confident in our ability to execute, given the strengths of GE’s team, technology, and global reach and capabilities.” The 2020 outlook projects GE industrial organic revenues to grow by low single digits and adjusted industrial profit margin to expand organically by up to 75 basis points. The company expects adjusted earnings per... ... More: Official Press Release GE Renewable Energy

GE Renewable Energy, CEO, transformation, outlook, 2020, company, work, strength, goal, EBITDA, quarter

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