GE Vernova Doubles Dividend and Lifts Outlook as Energy Demand Boosts Growth
Yahoo Finance·2025-12-10 01:20
GE Vernova unveiled a sharply higher multi-year financial outlook at its 2025 Investor Update, projecting faster growth, fatter margins, and stronger shareholder returns as global demand for electrification and cleaner power accelerates. The newly spun-off energy technology company now expects $52 billion in revenue and a 20% adjusted EBITDA margin by 2028, up from its previous target of $45 billion and 14%, respectively. The bullish forecast reflects robust demand across its power and grid businesses and ...