GEAGY - The Early Returns From GEA Group's Turnaround Have Been Very Encouraging
I know it's a corporate-speak cliché, but there really is something to notions like "under-promise and over-deliver" and "plan the work, work the plan", and I think you see some of the benefits already at GEA Group (GEAGY) (G1AG.XE). Although I saw relatively modest near-term upside before if management "only" hit the initial targets, execution on the turnaround plan has been better than expected, and the more ambitious targets that I mentioned in that piece are now relevant to the conversation.
There's still a lot of work to be done. While management has