GE Aerospace, a diversified group with a strong presence in three key business areas, has received a buy recommendation from UBS.
The company's sales are generated from three main sources: 48.2% from the manufacture of aircraft engines and avionics systems, 46.8% from power generation equipment (including oil and gas plants, gas turbines, and wind turbines), and the remaining 5% from other operations.
In terms of geographical sales distribution, the USA accounts for 42.8% of total sales, followed by Europe at 23%, Asia at 10.3%, the Middle East and Africa at 10.8%, and China at 5.7%.
With its diversified portfolio and global reach, GE Aerospace is well-positioned in the competitive landscape of the aerospace and power generation industries.