GE's energy business is expected to generate up to $1.8 billion in free cash flow next year COM.CN

GE's energy business is expected to generate up to $1.8 billion in free cash flow next year

Source: Caijing Author: Peng Xin 2024-03-06 22:06
Introduction

GE's energy business is expected to generate up to $1.8 billion of free cash flow next year, which is a key indicator for investors waiting for the group's spin off. GE Vernova's forecast range of $1.2 billion to $1.8 billion announced on Wednesday is higher than the forecast of no more than $1.1 billion this year. The company predicts that the adjusted profit margin will reach 10% by 2028. (Sina Finance)

Edit: An An

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