Filed under: General Electric (GE), United Technologies (UTX)
I estimate that General Electric Company (NYSE: GE)’s Infrastructure segment is worth $153.7 billion, roughly the same as last July’s $154.6 billion.
GE’s Infrastructure segment produces, sells, finances and services equipment for the air transportation and energy generation industries. It also produces, sells, and services equipment for the rail transportation and water treatment industries.
GE Infrastructure is GE’s crown jewel at the moment. Its revenues rose 23%, or $11.0 billion, in 2007 on higher volume ($7.9 billion), higher prices ($1.1 billion) and the effects of the weaker U.S. dollar ($0.8 billion) at the industrial businesses in the segment. The increase in volume reflected the effects of acquisitions at Aviation and Oil & Gas and increased sales of commercial engines and services at Aviation, thermal and wind equipment at Energy, and equipment and services at Oil & Gas and Transportation.
Continue reading Valuing GE’s Infrastructure segment
Permalink | Email this | Comments











Entries (RSS)