IN BRIEF: Somero revenue and profit drop but keeps positive outlook
Somero Enterprises Inc - Fort Myers, Florida-based laser-guided concrete levelling machinery company - Says revenue in 2023 fell 9.7% to USD120.7 million from USD133.6 million the year before. Pretax profit also fell as a result by 19% to USD33.2 million from USD40.8 million in 2022. Declares a final dividend of US13.2 cents, down 27% from US18.0 cents the previous year. Looking ahead, Somero maintains a positive outlook, indicating that it is confident in its long-term prospects. Read More