Somero set to top guidance but cautious on outlook
22nd Jan 2020 08:06
(Sharecast News) - Concrete levelling technology outfit Somero Enterprises told investors on Wednesday that annual revenues and earnings looked set to top guidance thanks to some improved weather conditions across the US.
Read moreSomero Enterprises shares dive after disappointing interim results
4th Sep 2019 14:31
(Sharecast News) - Somero Enterprises shares took a dive on Wednesday after the concrete-levelling equipment maker reported double-digit drops in interim revenue and profit.
Read moreSomero's first half dampened by record rainfall across the US
7th Jun 2019 08:52
(Sharecast News) - Manufacturing company Somero Enterprises warned on revenue and earnings on Friday as it said trading in the five months to the end of May was hit by adverse weather conditions across the US.
Read moreSomero bags 'record' results after North America success
13th Mar 2019 09:03
(Sharecast News) - Somero Enterprises rewarded shareholders with a 23% increase in its total dividend as sales in North America accelerated to boost the concrete installation technology specialist's profits and revenues.
Read moreSomero Enterprises boosted by 'record' results and Line Dragon acquisition
16th Jan 2019 12:03
(Sharecast News) - Shares of Somero Enterprises jumped on Wednesday after stating that it expected revenues for 2018 to beat market expectations and announced it had acquired the assets of Line Dragon LLC for $2.0m in cash.
Read moreSomero lifts expectations for revenue, EBITDA
10th Jan 2017 11:50
(ShareCast News) - Somero updated the market on its trading for the financial year to 31 December on Tuesday, saying that in the six months since its first half update, the company continued to deliver profitable growth and cash generation. The AIM-traded firm said that due to a strong finish to 201
Read moreSomero Enterprises FY to be slightly ahead of views
12th Jul 2016 14:22
(ShareCast News) - Somero Enterprises said on Tuesday that its full-year results are likely to be slightly ahead of market views thanks in part to a strong performance in June. The company, which manufactures technologically-advanced concrete placing equipment, said trading in June was much stronger
Read moreDirector dealing: Somero CEO sells half stake for tax bill
21st Mar 2016 13:19
(ShareCast News) - Somero Enterprises chief executive Jack Cooney and his wife sold off over £2m of the company's shares, reportedly in order to satisfy a US tax bill. The Cooney's sold 1.4m shares, representing 2.49% of the current issued share capital of the company and approximately half of their
Read moreSunday shares tips: The Restaurant Group, Shell, Somero Enterprises
17th Jan 2016 14:28
(ShareCast News) - Shares in The Restaurant Group are a good bargain again, said the Sunday Times' Inside the City column. The owner of Frankie & Benny's, Chiquito, Coast to Coast and Giraffe lost 18% of its value in one day last week when it revealed a modest slowdown in sales and took a cautious l
Read moreSomero Enterprises enjoys forecast-busting year end
7th Jan 2016 11:47
(ShareCast News) - Concrete specialist Somero Enterprises confirmed a strong end to the year in China, North America and Europe, with earnings materially ahead of current market expectations. The AIM-listed provider of concrete machinery said its monthly sales were at an all-time high in December -
Read moreSomero Enterprises enjoys strong momentum in the US and Middle East
7th Jul 2015 16:23
Somero Enterprises said it is trading ahead of market expectations for the full-year ended 31 December 2015 thanks to trong activity levels in Noth America and the Middle East. The laser-guided and technologically innovative machinery manufacturer said its trading in May and June remained positive,
Read moreSomero Enterprises reports "exceptional" year
7th Apr 2015 08:26
Somero Enterprises, a manufacturer of laser-guided machinery, said it had an "exceptional" trading year thanks to a strong performance in the US and China. Revenues rose 31.5% to $59.3m while income before tax nearly doubled to $12.4m. The company said its performance was boosted by an experienced
Read moreFriday broker round-up UPDATE
4th Jul 2014 12:12
Antofagasta: Morgan Stanley upgrades from underweight to equal-weight with a target price of 750p. AVEVA: Societe Generale initiates with a target price of 2650p and a buy recommendation. Balfour Beatty: Westhouse Securities cuts target price from 220p to 183p downgrading from neutral to sell. RBC
Read moreMonday broker round-up UPDATE
19th May 2014 07:55
Alent: Numis moves target price from 330p to 340p upgrading to add. AVEVA Group: Westhouse Securities initiates with a target price of 2260p and a buy recommendation. Bovis Homes Group: Deutsche Bank shifts target price from 1039p to 1042p and stays with its buy recommendation. Brown (N) Group: J
Read moreSomero annual profit to beat forecasts after revenue surge
3rd Sep 2013 10:41
Somero Enterprises' revenues surged in the first half, prompting the company to predict full-year profits well ahead of expectations. Group revenue at the US-based company jumped by 30% to $21.0m (£13.5m) in the six months ended June 30th. North American sales were up 28% to $12.2m. AIM-listed So
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