Business
Period End Trading Update
Period End Trading Update.
About this update from Somero Enterprises, Inc.
[{"type":"text","content":"\n Somero Enterprises Inc.\n10 January 2008\n\n10 January 2008\n\n\n\n THIS ANNOUNCEMENT MAY NOT BE RELEASED, PUBLISHED OR DISTRIBUTED IN OR INTO THE\n UNITED STATES, CANADA, JAPAN OR AUSTRALIA OR TO US PERSONS (AS DEFINED IN\n REGULATION S UNDER THE US SECURITIES ACT OF 1933, AS AMENDED) OR TO RESIDENTS,\n NATIONALS OR CITIZENS OF CANADA, JAPAN OR AUSTRALIA.\n\n\n\n Somero Enterprises, Inc (R)\n\n ('Somero' or 'the Group')\n\n Period End Trading Update\n\n\nSomero Enterprises, Inc(R), ('Somero' or the 'Group'), the North American\nmanufacturer of patented laser guided equipment used for the spreading and\nlevelling of high volumes of concrete for floors in the construction industry,\nconfirms that revenues and earnings for the second half of 2007 grew\nsignificantly over the prior year period.\n\n\nThe Group expects to report results for the full year to 31 December 2007 at the\ntop end of analyst expectations.\n\n\nThe second half saw the Group make good progress in its expansion into new\nmarkets and deliver very rapid growth across all of its operations outside the\nUS.\n\n\nIn the US, demand for Somero's products and services continued to be robust and\ngood growth was achieved in the second half, as compared to the prior year\nperiod.\n\n\nJack Cooney, CEO of Somero commented:\n\n\n'We are delighted to confirm another year of strong performance for the Group.\nWe have continued to build on a good first half and to invest in geographic\nexpansion, achieving healthy second half growth in the US alongside significant\nand rapid growth across our European and Rest of World operations.\n\n\n'Somero will report full year results in early April 2008.'\n\n\n\n\nEnquiries:\n\nFinancial Dynamics +44 (0)20 7831 3113\nHarriet Keen / Matt Dixon\n\nJefferies +44 (0)20 7968 8000\nCharles Cameron / Nandan Shinkre / Jack Pryde\n\n\n\n\nThis announcement does not constitute or form part of any offer or invitation to\nsell, or any solicitation of any offer to purchase, any securities of Somero\nEnterprises, Inc. (the 'Company').\n\n\n\nThis announcement may not be released, published or distributed in or into the\nUnited States, Canada, Japan or Australia or to US Persons (as defined in\nRegulation S under the US Securities Act of 1933, as amended (the 'US Securities\nAct')) or to residents, nationals or citizens of Canada, Japan or Australi...