Adjusted EBITDA Margin: Increased by 1.8 percentage points year on year to 17.8% in Q4. Free Cash Flow: $894 million in Q4; record annual free cash flow of $2.3 billion. Adjusted Earnings Per ...
Despite seismic US policy shifts under President Donald Trump’s nascent second term, Baker Hughes chief executive Lorenzo Simonelli still sees customer orders for decarbonisation and efficiency ...
“As power demand surges, LNG has a critical role to play in providing a reliable, flexible fuel source that can be quickly scaled to meet rising demand,” Lorenzo Simonelli, the chairman and ...
Baker Hughes has evolved into a more profitable energy and industrial technology company,” chief executive Lorenzo Simonelli said in a statement.
CEO Lorenzo Simonelli emphasized the strategic pivot, saying these moves "reflect our commitment to energy transition." By contrast, the oilfield services & equipment segment experienced a 2% ...
Morgan Brennan interviews Baker Hughes CEO Lorenzo Simonelli exclusively following the company's strong Q4 earnings, highlighting record-breaking performance in its industrial and energy ...
The re-election of an industry-supportive Trump administration stands as a definite plus point. The group’s chairman and chief executive, Lorenzo Simonelli, predicts a “another strong year of Ebitda ...
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