Somero Share Price (SOM)

.wealthoracle.co.uk/featured-companies

Somero used its pre-AGM statement to confirm that the positive momentum carried out of the back end of 2025 has persisted through the opening five months of 2026, with the concrete-levelling specialist reiterating the full-year 2026 guidance laid down alongside the March final results. Management describes US private non-residential construction — comfortably its largest end market — as continuing to stabilise, and characterises trading to 31 May as tracking well against that guided range. There is no fresh numerical envelope here, but the absence of any caveat is itself the message after a difficult cyclical stretch. The update is light on segmental colour, which is typical for Somero's AGM communication, with a fuller half-year picture deferred to July. The read-across from the language is that the recovery in US site activity is broad-based enough to sustain the order book without requiring management to lean on the more volatile international territories. Investors will nonetheless want July's interim release to quantify the trajectory in equipment sales, aftermarket and the contribution from newer product lines, given that consensus for FY 2026 already embeds a return to growth from the depressed 2024 base. Governance occupies an unusually large share of the statement. The search to replace Larry Horsch as independent non-executive director is now under way with an external adviser and is expected to conclude by year end...

.wealthoracle.co.uk/featured-companies

Looks worth a punt

Regent bought T Clarke after build a stake

Brian Kelly is at it again

From what I gather they are moving towards smaller and cheaper machines. This will give them access to smaller builders, especially in Europe where I don't think there is much demand for £100k+ building machinery