GE CEO sees 'strong' revenue growth despite challenges

General Electric expects to have "strong" revenue growth this year despite inflationary and supply-chain challenges, CE Larry Culp said Wednesday. The comments came days after the industrial conglomerate warned that supply and labor shortages, along with inflation, would pressure its profits through the first half of the year. Culp said while the company was adjusting its prices, it would not be able to fully offset higher costs with price increases. "This is a tough operating environment," hesaid at the Citi Industrial conference. Last week, the Boston-based company said it was grappling with supply-chain issues across most of its businesses. Raw material and labor shortages, along with soaring costs, were adversely affecting its healthcare, renewable energy and aviation units, it said. Persistent supply-chain bottlenecks also led to a decline in GE's revenue in the quarter through December.<br/>