Wednesday, 18 December 2013

General Electric Company Description

http://www.bidnessetc.com/business/general-electric/company-description/

The General Electric Company is one of the largest industrial conglomerates in the world, operating in eight different segments – Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation, Home & Business Solutions and GE Capital. GE Industrial accounts for more than two thirds of the company’s total revenues. The Aviation segment is one of its fastest growing divisions with a five-year revenue CAGR of 3%. GE Capital is primarily engaged in businesses like Consumer Real Estate, Energy Financial Services, GE Capital Aviation Services, GECC Corporate Items & Eliminations and Consumer Lending & Leasing. From 2007 to 2012, GE’s revenues have grown at a compound annual growth rate (CAGR) of -3.1%. Read More: GE