Our commitment to transparent performance reporting
Reporting GE’s first-quarter results, GE Chairman and CEO Larry Culp said, “The GE team improved services, orders and cash while scaling lean in all businesses to drive margin expansion. Our continuous operational improvements set us up to reinvest in innovation across GE, and our businesses remain focused on growth, supported by continued recovery at Aviation and strong demand at Healthcare.”
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Today is an exciting day for GE as we host our 2022 Investor Day in Greenville, South Carolina starting at 7:30 AM ET. You can access a live webcast of the presentations, as well as accompanying slides and press release, on our investor website here.
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In the 1970s, a team of researchers from the Massachusetts Institute of Technology traveled to Japan to figure out why that country’s automakers were delivering cars faster than their competitors in Detroit. Their search led them to Toyota and its Toyota Production System — a set of management principles focused on boosting safety, quality and efficiency, reducing waste and creating more value with fewer resources.
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GE released its fourth quarter and full year 2021 results today, and I encourage you to read the full materials and listen to our earnings call at 8:00 AM ET.
Key highlights on GE’s financial performance for the fourth quarter 2021 (prior three-column reporting format1; variances on a year-over-year basis):