There has been plenty of skepticism regarding Spanish wind turbine company Gamesa's (OTCPK:GCTAY)
ability to continue to compete in the volatile and very competitive
global wind turbine market. While Gamesa has had past challenges with
product quality, project financing, and its cost structure, management
has been doing a good job of executing a turnaround plan based on better
margins and a focus on growth markets like India, Brazil, and Mexico. I
do think Gamesa can continue to outperform on volumes and margins, but a
lot of this is in the share price now and I believe Gamesa management
must begin convincing investors that it has a follow-on strategy in
place to not just survive in the market but to thrive as a leading
player.
Continue here:
Will Gamesa Move From Survive To Thrive?
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