GE net profit was $3.5bn in Q2, up from $3.1bn during the same period in 2013. Revenues increased 3% to $36.2bn.
The group’s industrial segment delivered a 9% profits increase in the second quarter to $4.2bn, with margins also improving.
Strengthening GE’s industrial operation underpinned its hard-won acquisition of the Alstom assets, which will see the US group take total control of the French company’s onshore wind unit and join it in a 50/50 venture offshore.
GE
