The first U.S. conglomerate has particularly benefited in the fourth quarter of strong growth in profits of its activities aircraft engines and equipment for the oil and gas sector, a trend that validates the strategy of the CEO, Jeff Immelt, strengthen the presence of GE in the energy sector in recent années.
The backlog expectations, considered a barometer of future revenue, reached the end of December an unprecedented level of $ 210 billion, against 203 billion in the third trimestre.
"The order book is very good. I do not expect an increase of seven billion, representing 3.5% of the backlog," commented Jack De Gan, chief investment officer of Harbor Advisory, a company GE shareholder. "Orders have been very good in the fourth quarter in the industrial sector."
On the New York Stock Exchange, the action gained 2.67% GE to 21.87 dollars at 15:54 GMT, while the Standard
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