FAIRFIELD, Conn.--(BUSINESS WIRE)--March 1, 2005--GE's 2004 Annual Report is now available on the company's Web site at www.ge.com/investor.
The annual report, titled "Our Time," reviews GE's 2004 performance, including the completion of major changes to its portfolio of businesses and its prospects for double-digit earnings growth.
"This is our time," writes GE Chairman and CEO Jeff Immelt in his letter to stakeholders. "We have created a high-tech, services and financial enterprise that can grow faster with expanding returns, build leadership in fast-growth markets and return cash to you. Moreover, we can sustain this performance in the environment we see today."
The report also presents a gallery of GE's Imagination Breakthroughs, including the Company's GEnx(TM) jet engine, Dual Card(TM), Vivid(TM) i ultrasound and desalination products. Imagination Breakthroughs, Immelt writes, "are bringing GE discipline to the innovation process as a way to accelerate growth."
GE also continues its practice of expanding disclosure with a Financial Section containing detailed discussion of Company results and various aspects of its financial statements. The online Financial Section includes interactive features and navigation aids.
GE will begin mailing more than 3.8 million reports and proxy statements this week in preparation for its annual shareowners meeting on Wednesday, April 27 in Cincinnati.
GE (NYSE: GE) is a diversified technology, media and financial services company dedicated to creating products that make life better. From aircraft engines and power generation to financial services, medical imaging, television programming, and plastics, GE operates in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com.
Caution Concerning Forward-Looking Statements
This document contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, particular uncertainties arise from the behavior of financial markets, including fluctuations in interest rates and commodity prices, from future integration of acquired businesses, from future financial performance of major industries which we serve, including, without limitation, the air and rail transportation, energy generation and healthcare industries, from unanticipated loss development in our insurance businesses, and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.
Contacts
General Electric, Fairfield
David Frail, 203-373-3387
[email protected]