GE Publishes Q2 Results

Image: GE Renewable EnergyImage: GE Renewable Energy
GE Chairman and CEO H. Lawrence Culp, Jr.: "We expect to return to positive Industrial free cash flow in 2021. We are accelerating our transformation to make GE stronger and drive long-term, profitable growth."

Official Press Release GE:

GE announces second quarter 2020 results

Wind Industry Profile of
GE announces second quarter 2020 results

Challenging quarter that GE met head-on with better operational execution and de-risking actions

GE (NYSE:GE) announced results today for the second quarter ending June 30, 2020. Total orders $13.8B, (38)%; organic orders (35)% Total revenues (GAAP) $17.7B, (24)%; Industrial organic revenues* $16.3B, (20)% Industrial profit margin (GAAP) of (5.7)%, (390) bps; adjusted Industrial profit margin* (3.2)%, (1,170) bps Continuing EPS (GAAP) of $(0.27), including non-cash goodwill and other charges and the impact of marking GE's investment in Baker Hughes to market; adjusted EPS* $(0.15) GE CFOA (GAAP) $(1.6)B; Industrial free cash flow* $(2.1)B GE Chairman and CEO H. Lawrence Culp, Jr. said,... ... More: Official Press Release GE

GE, GE Renewable energy, results, Q2, quarter, COVID-19, orders, revenues, profit, challenge

Thematically suitable Windfair.net members in the business directory

  • Newlist_ge_renewable_energy_blau
  • Newlist_logo.afriwea
  • Newlist_logo.otti
  • Newlist_logo.renewableenergycareers
  • Newlist_cga_logo
  • Newlist_logo.rotor-energy
  • Newlist_qualityenergy_logo
  • Newlist_energiequelle_logo
  • Newlist_bmu_logo
  • Newlist_abo_wind_logo
  • Newlist_nrel_logo
  • Newlist_logo.hodijcoatings
  • Newlist_rea_logo
  • Newlist_kaeufer_logo
  • Newlist_logo.enervest
  • Newlist_xventum_logo

more results

Keyword Search

© smart dolphin Gmbh 1999 - 2023