3rd Jul 2014 10:36
LONDON (Alliance News) - Somero Enterprises Inc Thursday said it expects its 2014 results to come in "comfortably" above current market expectations after it continued to trade ahead of plan in recent weeks.
The laser screeding and profiling equipment maker had said in May that trading in March and April had been very strong and results for the year to that date were considerably up on the year-earlier period.
In its statement on Thursday, it said trading in May and June had been just as positive, with strong customer interest converting into actual sales revenue.
"North America and all of Asia led by China and including Southeast Asia, India and Korea, remain the strongest markets for us, but other regions are also contributing very satisfactorily to our growth," it said in its statement.
Its shares were up 2.1% at 134.8 pence Thursday morning.
By Steve McGrath; [email protected]; @SteveMcGrath1
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