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Pin to quick picksSomero Regulatory News (SOM)

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190.00    3.00 (1.62%)
Bid:
185.00
Ask:
195.00
Spread: 10.00 (5.405%)
Market Cap: £99.47m
SOM Live PriceLast checked at - London Stock Exchange

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Trading Update

11 Jul 2019 07:00

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

+1 239 210 6500

 

 

 

 

finnCap Ltd (NOMAD and Broker)

Matt Goode (Corporate Finance)

Carl Holmes (Corporate Finance)

Tim Redfern (Corporate Broking)

+44 (0)20 7220 0500

 

 

 

Alma PR (Financial PR Advisor)

Rebecca Sanders-Hewett

Susie Hudson

Sam Modlin

somero@almapr.co.uk

+44 (0) 2034 050 205

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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