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GE power unit faces three-year turnaround despite orders report

General Electric Co expects its core power-plant business to lose significant cash this year and does not expect large improvement in that unit's cash flow margins for at least three years, the company's chief financial officer said on Wednesday. [Source]

Publication Date:

Origin: reuters.com

Category: businessNews

Topics: cash, core, expects, power-plant, business

Source Link: http://feeds.reuters.com/~r/reuters/businessNews/~3/dsOduKRUb2Q/ge-power-unit-faces-three-year-turnaround-despite-orders-report-idUSKCN1SL1ZR

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