SOMERO ENTERPRISE INC. (SOM) — Interim Results

Investor webinar replay

Replay transcript excerpt

Simply type in your questions and press send. Before we begin, I would like to submit the following poll, and I would now like to hand you over to CEO Tim Averkamp. Good afternoon. Welcome, and thank you for joining us. We're pleased to be here with you today to review our first half twenty twenty six results. I'm Tim Averkamp, CEO of SOMERO, and presenting alongside of me is Enzo Liqauzy, our CFO. Here's how we'll run through the slide deck today. I'll open with some context on the business and our key messages, then cover our governance update. And then we'll take you through the first half financials in detail. I'll come back to the strategic plan update and then close on the outlook. We've kept time at the end for questions. Before we get into the numbers, a brief word on our fortieth anniversary. SOMERO was founded in 1986, and this year marks forty years of continuous operation. Very few businesses in our industry reach forty years, and fewer still while defining the category they operate in. That longevity isn't sentiment. It's evidence. We have sustained a global business that has successfully navigated through multiple construction cycles, and the standards that customers build to today are the standards that SOMERO helped create. That legacy is the foundation for the next forty years. The discipline, innovation, and closest to the customer that got us here are exactly what delivered this first half. This is what we are investing behind today through new products in our strategic plan. With that as the backdrop, let me briefly frame who SOMERO is. For those newer to the story, here's a quick overview of SOMERO. We created the laser screed category and still lead it. Our promise is three words, faster, flatter, fewer. Our equipment lets contractors place bett...