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Finance

Overview of General Electric’s Power and Water Segment

General Electric’s Power and Water Segment contributed 23% of the company’s total revenues in 2015. GE’s mission is to maintain its leadership positive globally in power generation and water technologies space. During fiscal 2015, the segment contributed ~25.5% to its total industrial revenues and ~27.5% to its consolidated operating profits, with an operating margin of 17.8%.

This segment’s major products includes gas turbines, engines and generators, steam turbines and generators, wind turbines, nuclear reactors, water systems, and power generation services. It serves power generation, industrial, government, and other customers worldwide with products and services related to energy production and water reuse. In 2015, revenue from servicing from the segment was 63%, while revenue from the sale of equipment is 37%.

View more information: https://marketrealist.com/2016/02/overview-general-electrics-power-water-segment/

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