GE Transportation announces 45% revenue growth

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GE TRANSPORTATION: Full-year revenue of $4·9bn has been announced by GE Transportation for 2011, up 45% on the previous year. Profit of $757m was up from $315m in 2010, although orders were 7% down at $4·6bn. At the end of the year GE Transportation's order backlog was worth $3·3bn.

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