Somero 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
Read moreSomero Enterprises almost doubles full year revenue
26th Feb 2013 13:24
Somero Enterprises returned to a profit for the year ended December 31st, boosted by a 47 per cent increase in revenue and higher gross margins. Profit for the year came in at $1.2m, compared to a pre-tax loss of $2.3m the previous year. Basic earnings per share totalled $0.02. Revenue climbed fr
Read moreTuesday broker round-up UPDATE
26th Feb 2013 07:27
Andor Technology: Investec shifts target price from 460p to 500p and keeps a buy recommendation. Associated British Foods: Nomura revises target price from 1790p to 1800p, while its neutral rating remains unchanged. Barclays: Espirito Santo raises target price from 346p to 418p and reiterates its
Read moreSomero shoots higher on revised earnings guidance
17th Jul 2012 09:02
Shareholders in laser machinery maker Somero Enterprises were beaming after the company said it made more profit in the first half of the year than the market was expecting it to make in the whole of the year. Earnings before interest, tax, depreciation and amortisation (EBITDA) at the half year st
Read moreBodycote CEO ditches chunk of shares
8th May 2012 16:16
Stephen Harris, who has held the role of Chief Executive Officer at FTSE 250 heat treatment firm Bodycote for over three years, sliced off a sizeable chunk of his shares on May 4th. Harris, who has also been a director of Spectris, ditched 94,000 shares at 421.00p each, earning himself the handsom
Read moreSmall caps round-up: Somero Enterprises, Quindell Portolio, MDY Healthcare...
19th Apr 2012 12:09
Laser machinery maker Somero Enterprises has announced that trading in the first quarter of the year has been 'significantly' ahead of expectations as a result of an upturn in underlying demand. Consequently, the board now believes revenues are likely to be some 15% ahead of current market expecta
Read moreSmall cap round-up: Adventis, Alexon, Somero...
27th Jan 2011 17:48
Marketing agency Adventis' healthcare business has experienced a 'very considerable' downturn and will post a £0.26m loss for the full year. Full year results may also contain a significant goodwill impairment charge. For the full year underlying profits will be approximately £0.45m. Clothing gr
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