News blog

Somero Enterprises Inc

• BY: Andrew Hore |
• POSTED: 03/01/2013 |

Somero Enterprises Inc says that its 2012 profit will be substantially higher than expected.

This is the latest in a series of positive trading statements over the past year and the share price rose by one-quarter to 40p, valuing Somero at £22.6m.

US-based Somero supplies laser concrete screening equipment that is used to ensure that the concrete floors of warehouses and other buildings are flat. North American demand was strong in the second half as the US construction market grew and thanks to new products. China and Russia were also strong markets.

The 2012 figures should be published in the middle of March.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFDecember2012_39.pdf