General Electric (GE) reported a positive fourth quarter of 2022, with jet engine sales by GE Aerospace deemed key to growth. “Thanks to the high-quality work of our team, GE ended the year with solid revenue growth and margin expansion, and US $4.8bn of free cash flow. In the fourth quarter, this was led by strong results at GE Aerospace with order and revenue growth above 20% as well as power with double-digit growth”, said GE chairman and chief executive H. Lawrence Culp Jr., who is also GE Aerospace chief executive. GE Aerospace “delivered strong orders, revenue, and operating profit
This content is restricted to site members.
If you are an existing user, please login below.
New users may register below.