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SomeroEtp Inc. CoUSD0.001(DI) (SOM)

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05-Jun-2020 07:47 AM

Somero Enterprises furloughs 20% of workforce as sales slip

Concrete leveling technology group Somero Enterprises said it had furloughed about a fifth of its workforce, while warning it would miss its revenue expectations due to the Covid-19 crisis. The company had also cancelling all bonus and profit-sharing pay
30-Mar-2020 08:55 AM

Somero Enterprises suspends dividends amid 'dramatic' Covid-19 pressure

Concrete leveling technology company Somero Enterprises said it had suspended its 2019 financial dividend and a special payout, amid other cash conserving measures, due to the spreading coranvirus. The company had intended to pay a final dividend of 13.0
11-Mar-2020 08:01 AM

Somero Enterprises profit slips 7% after US rain douses sales

Concrete levelling technology company Somero Enterprises posted a 7% fall in annual profit aftert a bout of wet weather in the US put a dampener on sales. Pre-tax profit for the year through December dropped to $27.0m, as revenue fell 5% to $89.3m. Some
22-Jan-2020 08:03 AM

Somero Enterprises sees revenue, earnings beat as US weather improves

Concrete leveling technology company Somero Enterprises said it expected to beat its annual revenue and earnings guidance after weather conditions improved in the US. However, the company took a more cautious stance regarding its guidance for 2020. Reve
04-Sep-2019 10:10 AM

Broker Forecast - finnCap issues a broker note on Somero Enterprises Inc

finnCap today reaffirms its corporate investment rating on Somero Enterprises Inc (LON:SOM) and cut its price target to 380p (from 420p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
04-Sep-2019 07:26 AM

Somero Enterprises profit slides 23% as US rainfall dampens sales

Somero Enterprises, which supplies technology to help builders level concrete, booked a 23% fall in first-half profit after a bout of heavy rainfall in the US hurt sales. Pre-tax profit for the six months through June fell to $10.5m, down from $13.6m on-
07-Jun-2019 08:40 AM

Broker Forecast - finnCap issues a broker note on Somero Enterprises Inc

finnCap today reaffirms its corporate investment rating on Somero Enterprises Inc (LON:SOM) and cut its price target to 420p (from 465p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
07-Jun-2019 07:18 AM

Somero Enterprises warns on revenue, earnings as US rainfall delays projects

Building services technology group Somero Enterprises downgraded its annual revenue and earnings guidance after record rainfall in the US delayed project starts. The company manufactures laser-guided and other machinery used in horizontal concrete placem
13-Mar-2019 08:30 AM

Somero Enterprises profit up 13%, driven by North America sales

Concrete placement technology company Somero Enterprises posted a rise in annual profit, driven by higher sales in North America. Pre-tax profit for the year through December rose 13% to $29.1m, as sales climbed 10% to $94.0m. The company declared a ful
16-Jan-2019 07:46 AM

Somero Enterprises forecasts sales, earnings beat

Concrete-placing technology group Somero Enterprises said it expected to post annual revenue and operating earnings 'moderately' ahead of market expectations. Revenue for the year through December would reach $90m, while Ebitda would reach $29.
05-Sep-2018 08:16 AM

Somero Enterprises profit up 13% amid positive construction markets

Concrete installation technology group Somero Enterprises booked a 13% rise in first-half profit, buoyed by supportive construction markets in the US and Europe. Pre-tax profit for the six months through June rose to $13.6m, as revenue rose 6% to $45.0m.
17-Jul-2018 07:57 AM

Somero says US, Europe strength offset by China, Latin America weakness

Concrete placement company Somero Enterprises said it made a 'solid' start to 2018, with four of its six geographic markets recording growth in the first half. Europe and North America were the most significant contributors, the company said, w
11-Jun-2018 08:27 AM

Somero Enterprises expects earnings lift in 2018

Concrete leveling technology group Somero Enterprises said its trading so far in 2018 was ahead of last year and in line with market expectations. Positive market conditions had prevailed across its portfolio of territories, with Europe and North America
14-Mar-2018 08:40 AM

Broker Forecast - finnCap issues a broker note on Somero Enterprises Inc

finnCap today reaffirms its corporate investment rating on Somero Enterprises Inc (LON:SOM) and raised its price target to 465p (from 450p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
12-Jan-2018 09:10 AM

Broker Forecast - finnCap issues a broker note on Somero Enterprises Inc

finnCap today reaffirms its corporate investment rating on Somero Enterprises Inc (LON:SOM) and raised its price target to 450p (from 420p). Story provided by StockMarketWire.com...
12-Jan-2018 08:26 AM

Somero upgrades guidance

Somero Enterprises, which offers laser-guided products to level concrete, upgraded its annual earnings and revenue guidance as it expanded into new geographies. "The board is pleased to report that the company delivered strong, profitable growth an
08-Jan-2018 12:00 PM

Broker Forecast - finnCap issues a broker note on Somero Enterprises Inc

finnCap today reaffirms its corporate investment rating on Somero Enterprises Inc (LON:SOM) and raised its price target to 420p (from 350p). Story provided by StockMarketWire.com...
18-Jul-2017 07:31 AM

Somero predicts positive trading in second half of 2017

Somero reported that trading in June was stronger than both the previous month and the prior year comparison. This strong performance, together with the continuation of the positive global trading environment, margin improvement and solid operating cash
06-Jun-2017 02:29 PM

All resolutions passed at AGM of Somero

Somero Enterprises has confirmed that shareholders passed all resolutions at today's Annual General Meeting. At 2:29pm: (LON:SOM) Somero Enterprises Inc share price was -5.5p at 286p Story provided by StockMarketWire.com...
05-Jun-2017 11:20 AM

Broker Forecast - finnCap issues a broker note on Somero Enterprises Inc

finnCap today reaffirms its corporate investment rating on Somero Enterprises Inc (LON:SOM) and raised its price target to 350p (from 325p). Story provided by StockMarketWire.com...
15-Mar-2017 09:50 AM

Broker Forecast - finnCap issues a broker note on Somero Enterprises Inc

finnCap today reaffirms its corporate investment rating on Somero Enterprises Inc (LON:SOM) and raised its price target to 325p (from 254p). Story provided by StockMarketWire.com...
10-Jan-2017 08:50 AM

Broker Forecast - finnCap issues a broker note on Somero Enterprises Inc

finnCap today reaffirms its corporate investment rating on Somero Enterprises Inc (LON:SOM) and raised its price target to 254p (from 205p). Story provided by StockMarketWire.com...
10-Jan-2017 07:45 AM

Somero Enterprises eyes profitable growth in 2017

Somero Enterprises said due to a strong finish to 2016, an continued margin improvement, the company expects to report revenue slightly ahead of current market expectations and to report EBITDA comfortably ahead of current market expectations for the full
19-Jul-2016 04:00 PM

Broker Forecast - finnCap issues a broker note on Somero Enterprises Inc

finnCap today reaffirms its corporate investment rating on Somero Enterprises Inc (LON:SOM) and raised its price target to 205p (from 185p). Story provided by StockMarketWire.com...
07-Jun-2016 01:50 PM

Somero resolutions passed at AGM

Somero Enterprises has confirmed that all resolutions proposed at its annual general meeting today were passed. At 1:50pm: (LON:SOM) Somero Enterprises Inc share price was +1.5p at 160p Story provided by StockMarketWire.com...
 
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