Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

GE Expects Higher Profit for Consumer Products Division
Dec 20, 2002
 Printable format
 Email this Article
 Search

General Electric Co. CEO Jeffrey Immelt highlighted the outlook for various GE divisions and operating units, and he reaffirmed many of the projections issued by the company.

According to a report from Dow Jones, Mr. Immelt's report included a projection that GE's Louisville, KY, U.S.-based GE Consumer Products division should increase its operating profit in 2003 to between U.S. $650 million and $700 million from an expected $500 million this year. Revenue for the operation, which produces GE's appliances and lighting products, could increase slightly to $8.6 billion from $8.4 billion, the report said. Overall, GE expects long-cycle operations to generate between $4.3 billion and $4.6 billion in operating profit next year, with the more economically sensitive short-cycle
businesses posting $4.6 billion to $4.9 billion, the report said. (Business First)

Back to Daily News

 

Daily News

...........................................................

Nov 25, 2014: Robotics Exhibits Grow 25% at 2015 CES

Nov 25, 2014: Index shows HVAC/R contractors more positive than last year

Nov 25, 2014: Consumer Confidence Index Declines

Nov 25, 2014: Existing home sales up in October

Nov 25, 2014: CEA: confidence in technology spending up in November

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows