Monday - December 23, 2024
GE Vernova Raises Multi-Year Financial Outlook, Initiates Dividend and Authorizes Buyback
December 11, 2024
CAMBRIDGE, Massachusetts, Dec. 11 -- G.E. Vernova, an energy company, issued the following news release:

* * *

- Now anticipates ~$45B of revenue and 14% adjusted EBITDA margin/* by 2028

- Plans to invest ~$4B in capex and ~$5B in R&D through 2028 to fuel growth and innovation

- Expects to generate at least $14B of cumulative free cash flow/* from 2025 to 2028

- Board of Directors declared a $0.25 per share quarterly dividend, . . .

Targeted News Service Document Request Form

This document is available to you by e-mail if you complete the form below with relevant information. There may be a fee for this article or ongoing service of similar materials. We will be in touch shortly.

Name:
What's your
Affiliation
Government Newspaper / Media Business
Public Policy Individual / Student Educators
Email:
Phone:
Organization, if any:
State/Country you are in:
Additonal questions
or comments:

Click here for more information about our products

Click here for more information about our products