GE confirms growth goal ahead of investor meeting

NEW YORK (MarketWatch)
General Electric Co. Vice Chairman John Rice on Wednesday confirmed the company's earlier outlook for its global growth plans ahead of a presentation to investors later today
The firm expects to see double-digit revenue gains in its growth regions in 2012 and 2013
 "GE has doubled revenues in twenty-seven countries in five years and our global revenue has expanded to more than 55% of our total industrial revenues
 Approximately 66% of our record $200 billion backlog comes from global markets and over half from the growth regions," Rice said
"We have established a significant foundation for continued growth, not only in the BRIC countries, but also in markets positioned for the next generation of growth. By 2025, these growth markets will constitute 50% of world GDP," he added.