General Electric Company's (GE) CEO Larry Culp on Q3 2021 Results - Earnings Call Transcript

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General Electric Company (NYSE:GE) Q3 2021 Earnings Conference Call October 26, 2021 8:00 AM ET

Company Participants

Larry Culp – CEO

Steve Winoker – Vice President of Investor Relations

Carolina Dybeck Happe – CFO

Conference Call Participants

Julian Mitchell – Barclays

Nigel Coe – Wolfe Research

Jeff Sprague – Vertical Research Partners

Deane Dray – RBC Capital Markets

Steve Tusa – JP Morgan

Joe Ritchie – Goldman Sachs

Andrew Obin – Bank of America

Markus Mittermaier – UBS

Unidentified Analyst – Analyst

Joe O'Dea – Wells Fargo

Nicole DeBlase – Deutsche Bank

Andy Kaplowitz – Citigroup


Good day, ladies and gentlemen, and welcome to the General Electric Third Quarter 2021 Earnings Conference Call. At this time, all participants are in a listen-only mode. My name is John, and I'll be your conference coordinator today. [Operator Instructions]. As a reminder, this conference call is being recorded.

And I would now like to turn the program over to your host for today's conference, Steve Winoker, Vice President of Investor Relations. Please proceed.

Steve Winoker

Thanks, John. Welcome to GE's third quarter 2021 earnings call. I am joined by Chairman and CEO, Larry Culp; and CFO, Carolina Dybeck Happe. Note that some of the statements we're making are forward-looking and are based on our best view of the world and our businesses as we see them today. As described in our SEC filings and on our website, those elements may change as the world changes.

With that, I'll hand the call over to Larry.

Larry Culp

Steve, thanks and good morning, everyone. Our team delivered another strong quarter as orders, margins and cash improved. While the aviation market is showing continued signs of recovery and contributed to the quarter, our focus on continuous improvement and lean is driving broader operational and financial progress.

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