The Boston-based industrial conglomerate reiterated that its full-year results were on track to come in at the low end of its forecast as the company continued to wrestle with supply-chain and inflationary pressures.
"Working capital will be pressured as GE protects customers from the impact of supply chain challenges, as well as Renewable Energy-related orders," the company said.In January, it projected adjusted profit in 2022 to be in the range of $2.80 to $3.50 per share and expected to generate $5.5 billion to $6.5 billion in free cash flow.
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