GE Aerospace: reports 6% sales growth

(CercleFinance.com) - GE Aerospace today announced its results for Q3 to 30 September 2024.
The quarter was marked by significant growth in both earnings and cash flow, leading it to raise its full-year guidance

Total orders rose 28% to $12.6bn.

Total sales increased 6% to $9.8bn; adjusted sales were also up 6% to $8.9bn.

The group posted earnings of $1.9bn, with operating income of $1.8bn (+14%).

Management said that it increased our earnings by 25% and generated substantial free cash flow, both largely driven by services. Given the strength of results and expectations for Q4, it is raising its FY earnings and cash flow guidance.


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