GE is taking steps the mitigate the impact of the coronavirus on the international supply chain for its renewable energy arm.
The company said in its 2020 outlook that it is closely monitoring the outbreak and expects the virus to have a negative impact across all its businesses of between $200m and $300m on operating profit in the first quarter.
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It is too early to assess the overall impact for the year of the coronavirus, GE said.
Renewables will see low single digit revenue growth and an improved, but still negative, profit margin. In 2019 GE Renewable Energy made a loss of $666m.
The coronavirus has had some impact on the renewables supply chain in China, the company said.