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Pin to quick picksSomero Regulatory News (SOM)

Share Price Information for Somero (SOM)

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187.50    -2.50 (-1.33%)
Bid:
185.00
Ask:
190.00
Spread: 5.00 (2.703%)
Market Cap: £95.79m
SOM Live PriceLast checked at - London Stock Exchange

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Trading Update

12 Jul 2016 07:00

RNS Number : 8733D
Somero Enterprises Inc.
12 July 2016
 

12 July 2016

Somero Enterprises, Inc.

("Somero" or the "Company")

 

Trading Update

 

Somero is pleased to provide an update on trading ahead of its interim results announcement due on Tuesday 6 September 2016.

 

In its announcement on 6 June 2016, prior to the Company's annual general meeting, Somero highlighted overall results were tracking comfortably in-line with market expectations for the full year ending 31 December 2016 due to positive trading in the Company's core North American, European and Chinese markets. Somero is pleased to report that trading in June was significantly stronger than both the previous month and when compared to a year ago. This was led by particularly strong activity in North America; with China, the Middle East, and Europe each contributing satisfactorily to overall growth.

 

The strong performance in June and the continuation of the positive trading environment together with margin improvement and solid operating cash flow generation mean the Company now expects to report results slightly ahead of current market expectations for the full year ending 31 December 2016.

 

 

Enquiries:

 

Somero Enterprises, Inc. www.somero.com

Jack Cooney, CEO +1 239 210 6500

John Yuncza, CFO

Howard Hohmann, EVP Sales

 

Canaccord Genuity Ltd (NOMAD and Joint Broker)

Bruce Garrow +44 (0)20 7523 8000

Piers Coombs

 

finnCap Ltd (Joint Broker)

Matt Goode (Corporate Finance) +44 (0)20 7220 0500

Carl Holmes (Corporate Finance)

Tim Redfern (Corporate Broking)

 

Redleaf Communications Ltd (Financial PR Advisor) somero@redleafpr.com

Rebecca Sanders-Hewett +44 (0)20 7382 4730

David Ison

Susie Hudson

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTAKDDBFBKDBOD
Date   Source Headline
7th Jun 20161:42 pmRNSResult of AGM
6th Jun 20167:00 amRNSTrading Update
23rd May 20165:00 pmRNSHolding(s) in Company
27th Apr 20167:00 amRNSChange of Registered Office Address
31st Mar 20167:00 amRNSDirector/PDMR Shareholding
30th Mar 20162:34 pmRNSHolding(s) in Company
30th Mar 20167:00 amRNSDirector/PDMR Shareholding
29th Mar 20167:00 amRNSTransactions in Own Shares and RSUs
21st Mar 20163:43 pmRNSHolding(s) in Company
21st Mar 20163:13 pmRNSHolding(s) in Company
21st Mar 20167:00 amRNSDirector/PDMR Shareholding
14th Mar 20169:08 amRNSTransaction in Restricted Stock Units (RSUs)
2nd Mar 20161:17 pmRNSHolding(s) in Company
1st Mar 20167:00 amRNSFinal Results
24th Feb 20167:00 amRNSAmendment to Credit Facility
25th Jan 20164:44 pmRNSHolding(s) in Company
25th Jan 20162:09 pmRNSHolding(s) in Company
7th Jan 20167:00 amRNSTrading Update
16th Dec 20152:42 pmRNSHolding(s) in Company
16th Dec 20157:00 amRNSAppointment of Financial PR Advisor
1st Dec 20152:00 pmRNSHolding(s) in Company
1st Dec 20151:22 pmRNSHolding(s) in Company
1st Dec 20157:30 amRNSHolding(s) in Company
1st Dec 20157:00 amRNSAppointment of Broker
25th Nov 20154:44 pmRNSHolding(s) in Company
25th Nov 20151:51 pmRNSHolding(s) in Company
11th Nov 201512:09 pmRNSDirector Shareholding
10th Nov 20155:47 pmRNSDirector Shareholding
21st Oct 20157:00 amRNSDirectorate Change
16th Oct 20154:00 pmRNSHolding(s) in Company
5th Oct 20157:00 amRNSDirectorate Change and Transaction in Own Shares
23rd Sep 20153:16 pmRNSHolding(s) in Company
17th Sep 20154:06 pmRNSHolding(s) in Company
8th Sep 20157:00 amRNSHalf Yearly Report
26th Aug 20157:00 amRNSHolding(s) in Company
7th Jul 20157:00 amRNSTrading Update
19th Jun 20153:56 pmRNSHolding(s) in Company
19th Jun 20151:23 pmRNSHolding(s) in Company
16th Jun 201511:32 amRNSHolding(s) in Company
15th Jun 20153:45 pmRNSTransaction in RSUs
4th Jun 20152:41 pmRNSHolding(s) in Company
2nd Jun 20159:41 amRNSTransaction in Own Shares
1st Jun 20152:07 pmRNSHolding(s) in Company
26th May 20151:44 pmRNSHolding(s) in Company
21st May 20154:35 pmRNSHolding(s) in Company
20th May 20157:00 amRNSDirector Shareholding
19th May 20155:52 pmRNSResult of AGM
21st Apr 20157:00 amRNSAnnual Report and Notice of AGM
20th Apr 20157:00 amRNSDirectorate Change
7th Apr 20157:00 amRNSFinal Results

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