GE Sees Positive Cash Flow in 2020, CEO Culp Says

The transcript discusses the financial outlook and strategic direction of a business, focusing on free cash flow projections, power unit recovery, and the role of gas and renewables in the energy transition. It highlights the challenges and opportunities in the renewables sector, including cash flow performance and growth expectations. The discussion emphasizes a multi-year effort to improve business performance, with a focus on aligning with industry averages in terms of margins.

What is the expected trend for the company's cash flow in 2020?

• A decline in cash flow

• A squiggly but northbound trend

• No change in cash flow

• A straight line increase

What is the role of gas in the company's energy mix?

• Gas is being phased out completely

• Gas has no role in the energy mix

• Gas plays a significant role alongside renewables

• Gas is the sole energy source

What challenges are faced by the power portfolio businesses?

• They have no operating challenges

• They face unique operating challenges affecting performance

• They are the most profitable segment

• They are unaffected by global disruptions

When was the renewables business cash positive?

• 2018

• 2017

• 2019

• 2016

What kind of growth is expected in the renewables business for 2019?

• No growth

• Negative growth

• Single-digit growth

• Double-digit growth