Somero Enterprises Inc says trading in December was strong and trading for 2011 was slightly ahead of expectations.
US-based Somero supplies laser concrete screening equipment that is used to ensure that the concrete floors of warehouses and other buildings are flat. Sales of large line equipment were better than expected and margins improved.
There are signs of improvement in the North American and emerging markets but Europe is still difficult. However, management remains cautious about prospects.
The 2011 figures will be published in early May.
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Steam-based technology developer Pursuit Dynamics lost four-fifths of its value after it said that Procter & Gamble will not be taking up an option to licence the company’s technology and that means that 2011-12 revenues will be much lower than expected.
Oil sands properties developer Mercom Oil Sands plans to join Aim on 29 May.
ICAP has acquired the Plus-SX business from Plus Markets Group but it is unlikely to be particularly interested in the Plus-quoted segment and its companies.
Enterprise software provider Sanderson Group is continuing to benefit from growth in multi-channel retailing.
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