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Share Price Information for Somero (SOM)

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Share Price: 367.50
Bid: 360.00
Ask: 375.00
Change: 0.00 (0.00%)
Spread: 15.00 (4.167%)
Open: 367.50
High: 370.00
Low: 367.50
Prev. Close: 367.50
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Somero Enterprises almost doubles full year revenue

Tue, 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 from $21.9m to $32.2m year-on-year, strengthed by a 363% increase in Russian sales, its increased investment in emerging markets, and a ramp up of sales and service staff in China. Chairman Lawrence Horsch said: "With revenues up 47% over the previous year, we were able to turn our focus towards planning for a full recovery."This strong growth gave us confidence we had made the right level of investment in China and India to help add to the Group's future progress. Investments in our people throughout the organization have also improved quality and productivity. We continue to adapt globally to offer superior service to our customers. "Although the US and world economies are still in a fragile recovery, we are taking steps to shape our own future and are confident in our growth projections for 2013. Regionally, the company saw growth in eight of its 10 regions, led by North America, China, South America and Russia, with two down slightly from the previous period.Cash and cash equivalents rose from $0.09m to $1.17m over the course of the year. A dividend payment of 0.8 US cents per share has been proposed. NR
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7 Jun 2019 10:35

WINNERS & LOSERS SUMMARY: Ferrexpo Gains As Woodford Continues Slide

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - WINNERS----------Smiths up 1

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7 Jun 2019 09:30

Somero Enterprises 2019 Trading Suffers From Record US Rainfall

LONDON (Alliance News) - Somero Enterprises Inc shares were rocked Friday after the floor-laying machinery manufacturer said its trading in the five months to the end of May was below management -

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7 Jun 2019 08:52

Somero's first half dampened by record rainfall across the US

(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.

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28 Mar 2019 17:18

UPDATE: Somero Enterprises CEO Sells Shares For Tax Purposes

LONDON (Alliance News) - Somero Enterprises Inc said Chief Executive Jack Cooney now holds a 1.1% stake in the company following the sale of GBP2.7 million worth of shares for tax sold 800,000 a a

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28 Mar 2019 16:12

DIRECTOR DEALINGS: Somero Enterprises CEO Jack Cooney Will Sell Shares

LONDON (Alliance News) - Somero Enterprises Inc said Chief Executive Jack Cooney is intending to sell 800,000 shares in the company at a price of 340 pence each for a total of GBP2.7 in Somero at

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13 Mar 2019 11:39

Somero Enterprises Sees Record 2018, Expects Further Growth In 2019

LONDON (Alliance News) - Somero Enterprises Inc on Wednesday reported a sharp rise in revenue and profit, with both hitting record heights for the company.In 2018, Somero Enterprises - used

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13 Mar 2019 09:03

Somero bags 'record' results after North America success

(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.

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16 Jan 2019 12:03

Somero Enterprises boosted by 'record' results and Line Dragon acquisition

(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.

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16 Jan 2019 10:04

Somero Enterprises Buys Line Dragon As Expects 2018 Earnings To Grow

LONDON (Alliance News) - Somero Enterprises Inc on Wednesday expressed confidence in delivering growth in 2019 after outperforming market expectations in the recently ended year.The stock a

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7 Dec 2018 17:35

Polar Capital Now Holds Over 6% Stake In Somero Enterprises (ALLISS)

LONDON (Alliance News) - Somero Enterprises Inc said Friday that Polar Capital LLP now holds a 6.14% stake in the company.Polar Capital's holding in the firm prior to Thursday's if

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12 Sep 2018 16:34

DIRECTOR DEALINGS: Somero Enterprises Chairman Sells Shares

LONDON (Alliance News) - Laser-guided equipment manufacturer Somero Enterprises Inc said Chairman Lawrence Horsch sold 46,000 shares at a price of 412.9565 pence per share on this GBP189,960 now a

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14 Mar 2018 12:01

Somero Enterprises Boosts Annual Dividend After Record Performance

LONDON (Alliance News) - Somero Enterprises Inc said on Wednesday it posted record revenue and profit for 2017, leading to a hiking of its dividend by 40%.The equipment

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10 Jan 2017 11:50

Somero lifts expectations for revenue, EBITDA

(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

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6 Sep 2016 08:53

Somero Enterprises Confident On Year After First-Half Profit Rises

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12 Jul 2016 14:22

Somero Enterprises FY to be slightly ahead of views

(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

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