Ge Vernova Inc. · NYSE:GEV
Ge Vernova — Investor Day (2024)
6 slides from Ge Vernova's investor day presentation, 2024
Slide 1: Caution concerning forward-looking statements; Non-GAAP financial measures
Caution concerning forward-looking statements: This presentation contains "forward-looking statements" – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements might be identified by words, and var
Slide 2: Electrification: Profitable Growth Accelerating
ELECTRIFICATION PROFITABLE GROWTH ACCELERATING Scott Reese Electrification Software CEO © 2024 GE Vernova and/or its affiliates. All rights reserved. 2
Slide 3: Our Electrification Software business accelerates the energy transition
Our Electrification Software business accelerates the energy transition • Refocused on mission-critical software Electrification • Industry-leading products driving growth Software today • Profitable in 2023, following significant cost reductions POWER GEN, OIL & GAS GRID SOFTWARE MANUFACTURING Impr
Slide 4: Increasing grid complexity requires software
Increasing grid complexity requires software YESTERDAY Centralized and predictable TODAY Constantly changing, unprecedented complexity CONVENTI O N AL GENERAT I ON RENEWABL ES CONVENTI O N AL TRANSMIS SI O N GENERAT I ON GENERAT I ON TRANSMIS SI O N DISTRIBU TE D RENEWABL ES DISTRIBU TI O N MICROG R
Slide 5: GE Vernova leading grid modernization with GridOS
GE Vernova leading grid modernization with GridOS® GE Vernova grid software: First portfolio designed to break down data silos and orchestrate a dynamic grid end-to-end in real-time 75%+ of Fortune 500 utilities Customer & Partner Applications 40% of global transmission line length-a) GridOS Applica
Slide 6: Electrification Software is delivering profitable growth
Electrification Software is delivering profitable growth By 2025, we expect to be: Our long-term objectives: $1B+ Software business Leader in mission-critical software for energy transition • Best-in-class software business measured by profitable growth and margin (Rule of 40) 10% Revenue growth CAG