Seeking Alpha

GE sees sales growth of up to 5% in 2014

  • GE (GE) expects total revenue growth of 0-5% in 2014 as the conglomerate continues to shift its focus onto its industrial business.
  • GE has forecast that organic revenue at the unit will rise 4-7%, which should offset a fall at finance unit GE Capital.
  • The firm targets boosting the share of profit at the industrial division to 70% of the total by 2015 from a estimated 55% this year.
  • It will look to reduce expenses and improve manufacturing margins to 17% by 2016 from a projected 15.1% this year.
  • GE expects to modestly increase payouts to shareholders via buybacks and dividends in 2014 from the $18B goal for this year. The company also will also look to continue making acquisition worth $1-4B, adding to the $9B in purchases in 2013. (Company presentation)
Comments (1)
  • Sounds like good news, we shall see.


    And as long as the "...modestly increase payouts..." is like the one they did this year for dividends.


    Long GE
    19 Dec 2013, 10:26 AM Reply Like
DJIA (DIA) S&P 500 (SPY)