GE (GE) Affirms Business Objectives for Growth in FY12, FY13
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Financial Fact:
Net earnings (loss) attributable to the Company: -45M
Today's EPS Names:
TWIN, FLO, ATHM, More
Financial Fact:
Net earnings (loss) attributable to the Company: -45M
Today's EPS Names:
TWIN, FLO, ATHM, More
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GE (NYSE: GE) will hold today an investor meeting to present its global outlook and long-term global growth plans. In advance of the meeting, GE Vice Chairman John Rice confirmed GE’s 2012 outlook and expectations for continued double-digit revenue growth in its global growth regions in 2012 and 2013.
At the meeting Mr. Rice will discuss GE’s double-digit revenue growth across the global growth markets. GE anticipates 20-25% growth in Resource Rich regions such as Latin America, Australia & New Zealand, the Middle East and Africa. GE expects 10-15% growth in Rising Asia - China, India and the Association of Southeast Asian Nations (ASEAN). In 2011, GE’s revenue grew in China by 29%, in Latin America by 36%, in Sub-Saharan Africa by 14%, and in Australia & New Zealand, by 67%.
At the meeting Mr. Rice will discuss GE’s double-digit revenue growth across the global growth markets. GE anticipates 20-25% growth in Resource Rich regions such as Latin America, Australia & New Zealand, the Middle East and Africa. GE expects 10-15% growth in Rising Asia - China, India and the Association of Southeast Asian Nations (ASEAN). In 2011, GE’s revenue grew in China by 29%, in Latin America by 36%, in Sub-Saharan Africa by 14%, and in Australia & New Zealand, by 67%.
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