GE is a reliable growth company. We have grown earnings 11% annually over the last 25 years. We have increased the dividend for 31 straight years. We will perform for you in uneven economic cycles.
We have invested in the future and we will continue to do so. We have a valuable set of leadership businesses. They are positioned to capitalize on global infrastructure investments, emerging market growth, environmental challenges, expanding and aging demographics, accelerating digitization and substantial liquidity.
We deliver every day. Our organic growth rate has increased, margin rates are expanding and returns are approaching Company targets. The Company has high visibility on excellent financial results.
Your GE team is better than ever. They are more innovative … more global … more technical … than at any other time in our history. Most importantly, they are committed to work on your behalf. It is this desire to win that defines your team, one that will “Invest and Deliver” for the future.
Just like after September 11, I am still buying GE stock. Our earnings have almost doubled, our portfolio strategy is complete and our initiatives are in place. We have worked hard to improve this Company. We have built a better GE. I know that our best days are ahead.
Invest and deliver. Courage and discipline. Every quarter and every decade. This is your GE.
Jeffrey R. Immelt
Chairman of the Board
and Chief Executive Officer
February 9, 2007
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