UK earnings, trading statements calendar - next 7 days
27th Feb 2024 15:45
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Somero Enterprises Inc - Fort Myers, Florida-based laser-guided concrete levelling machinery company - Announces that as a result of a procedural error when agreeing the termination of his employment, which was announced on August 29, John Yuncza, previously president remains a director of the company at this time. Read More
(Alliance News) - Somero Enterprises Inc on Thursday reported a lower profit as revenue declined due to a fall in North America revenue. Read More
Somero Enterprises Inc - Fort Myers, Florida-based laser-guided concrete levelling machinery - Says that John Yuncza has stepped down from his role as president, effective August 28. He has also left his seat on the board of directors. Read More
Somero Enterprises Inc - Fort Myers, Florida-based laser-guided concrete levelling machinery - Says revenue for the six months ended June 30 was at the top end of guidance of between USD54.8 million and USD58.2 million. This reflects a decline of at least 15% from USD68.5 million a year prior, driven by weaker North American trading. Expects improved trading in North America in the second half of the year due to the increased availability of its S-22EZ laser screen machine. Somero also anticipates "healthy" contributions to trading in the second half of 2023 from Europe and Australia. Remains confident 2023 results will fall in line with market expectations of USD120 million in revenue, down 10% from USD133.6 million in 2022, and earnings before interest, tax, depreciation and amortisation of USD36 million, down 22% from USD46 million. Year-end cash is expected to be about USD32 million, down from USD33.7 million a year before. Read More
Somero Enterprises Inc - Fort Myers, Florida-based laser-guided concrete levelling machinery specialist - Expects revenue for the first half of 2023 to drop between 15% and 20% from USD68.5 million a year prior. Predicts 2023 revenue to be around USD120.0 million, down 12% from USD136.6 million the year before. Cites delayed starts to non-residential construction projects in the US, driven by higher interest rates and tightened lending standards. Says trading momentum in Australia and Europe remains positive. Read More
(Alliance News) - Somero Enterprises Inc on Wednesday said annual profit fell, despite revenue ticking up, as operating expenses and cost of sales rose, prompting it to reduce its total dividend for the year. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Somero Enterprises Inc on Wednesday reported a dip in interim profit despite a rise in revenue, citing increased staffing-related expenses. Read More
Somero Enterprises Inc - Fort Myers, Florida-based laser-guided machinery concrete levelling - Says trading in first half ended higher than the comparable period in 2021, driven by positive momentum from a highly active US non-residential construction market, healthy market conditions and elevated activity levels in the European and Australian markets. Looking ahead, it continues to anticipate healthy trading to continue in second half of 2022. As such, 2022 results are anticipated to fall in line with market expectations for revenue of approximately USD138.8 million, earnings before interest, tax, depreciation, and amortization of USD47.7 million, and year-end cash of approximately USD39.9 million. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More