Trading Update

RNS Number : 1579F

Somero Enterprises Inc.

11 July 2019

 

11 July 2019

Somero Enterprises, Inc.

("Somero" or the "Company")

Trading Update

Somero is pleased to provide an update on trading ahead of its interim results announcement scheduled to be released on Wednesday 4 September 2019.

The Company confirms that its trading performance to date and expectations for 2019 are in line with the guidance provided in its 7 June 2019 trading update. Accordingly, the Company expectation to deliver 2019 revenues of approximately US $87m, EBITDA of approximately US $28m, and expects to have net cash at 31 December 2019 of approximately US $18m remains unchanged.

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

Enquiries:
Somero Enterprises, Inc. Jack Cooney, CEO John Yuncza, CFO Howard Hohmann, EVP Sales	www.somero.com [phone]
finnCap Ltd (NOMAD and Broker) Matt Goode (Corporate Finance) Carl Holmes (Corporate Finance) Tim Redfern (Corporate Broking)	[phone]
Alma PR (Financial PR Advisor) Rebecca Sanders-Hewett                           Susie Hudson Sam Modlin	[e-mail] [phone]

 

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