General Electric - What you might not know about it

From its founding in 1889 till now, the company has grown by leaps and bounds.

It is a Fortune 500 company. But what else about this company that we might not know of?

Remember Thomas Edison, the inventor of the phonograph or the first commercially practical incandescent light?

Well, Thomas Edison went on the form GE and in 1896, General Electric was one of the original 12 companies listed on the newly formed Dow Jones Industrial Average.

Fast forward to today, GE is a massive conglomerate. It counts Aerospace, Healthcare and Renewable Energy as its key pillars.

While FY'22 might be a great year for GE, a deeper look at its 4Q'22 reveals some findings.

Orders and revenue for 4Q'22 grew at a higher rate than the total FY'22. On top of that, the profit margin was also better, +290 bps versus +160 bps.

Do you think the growth momentum can continue onwards?

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