GE ecomagination revenues cross $10b

DUBAI — After the successful regional launch of ecomagination this year — GE's initiative to provide efficient sources of energy or technology that is cost effective and safe for its customers, the company is now releasing its 2005 international ecomagination report. The report shows that GE's revenues from the international sale of environmentally advanced products and services hit $10.1 billion in 2005, up from $6.2 billion in 2004 — with orders nearly doubling to $17 billion.

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Published: Sun 21 May 2006, 11:18 AM

Last updated: Sat 4 Apr 2015, 3:46 PM

"Ecomagination is paying off for our investors and customers," said GE Chairman and CEO Jeff Immelt. "Our advanced environmental products and services are helping customers increase their energy efficiency and reduce costs and emissions. And it is providing the growth we expected for GE, as we are ahead of our plan to reach US$20 billion in annual sales of ecomagination products by 2010."

Launched internationally in May 2005, ecomagination is GE's commitment to imagine and build innovative technologies that help customers address their environmental and financial needs and help GE grow. The report will be followed by similar updates on an annual basis.


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