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GE CEO Larry Culp Has a Message for Investors

Por: MarketWatch Business February 10, 2023

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Culp, for his part, expressed pride in GE’s ability at “controlling the controllable,” amid high inflation and geopolitical conflict. GE generated $4.8 billion in free cash flow and the company continued to reduce its debt load. GE has repaid roughly $100 billion over the past four years through a combination of asset sales and internally generated cash flow. Aerospace had a good year with sales up 23% and operating profit up 62%. Engines... + full article



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