GE expects a turnover of $ 1 billion this year



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The US-based GE industrial group is forecasting free cash flow of $ 1 billion this year, while not expecting any new influx of funds before.

GE is also expecting a profit of 5 cents a share this year after the seasonal changes in the account.

According to the Bloomberg news agency, "Jamie Miller", chief financial officer of the US group, will retire, recalling his efforts to move away from the past.

Larry Kolb, CEO of the group, paid tribute to the company's vision for the future, which shows progress and stability, indicating that we are still far from fully functioning.

GE's better-than-expected second quarter results continued to improve for the second consecutive quarter under Colp's leadership, lowering expectations when it took control of the company last October. .

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