GE Vernova（GEV）2025年第三季度财报电话会议纪要「NYSE」（英文版）（22页）.pdf

1、GE Vernova 3Q 2025 Financial Results&Acquisition of Prolec Wednesday,22nd October 2025 GE Vernova 3Q 2025 Financial Results&Acquisition of Prolec Wednesday,22nd October 2025 2 Opening Remarks Michael Lapides Vice President of Investor Relations,GE Vernova Introduction Welcome to GE Vernovas Third Qu

2、arter 2025 Earnings Call and the planned acquisition of the remaining 50%of Prolec GE.Im joined today by our CEO,Scott Strazik and our CFO,Ken Parks.Todays remarks include GAAP and non-GAAP measures,including stand-alone forecast of the Prolec GE joint venture.Reconciliations of GAAP to non-GAAP mea

3、sures and related information are in our Form 10-Q press releases and presentation slides available on our website.Our Prolec GE comments reflect expectations for the transaction and the joint ventures business cost and revenue synergies from the transaction and capital allocation plans.Unless other

4、wise noted,year-over-year changes in orders,revenue,adjusted and segment EBITDA and margin are on an organic basis.We will make forward-looking statements based on how we see things today.We may update these statements in the future but undertake no obligation to do so.Actual results may differ mate

5、rially due to risks and uncertainties described in our SEC filings.With that,let me turn the call over to Scott.Prolec GE Acquisition Scott Strazik CEO,GE Vernova Acquiring the remaining 50%stake of Prolec GE Thank you,Michael.We are excited to update you on our announced acquisition of the remainin

6、g 50%of the Prolec GE joint venture from our partner,Xignux.We partnered with Xignux for 30 years to build a world-class transformer business.This is a business we know well and is an attractive acquisition for GE Vernova consolidating a leading grid equipment provider that produces transformers to