12th Jul 2016 07:02
LONDON (Alliance News) - Somero Enterprises Inc on Tuesday said it anticipates its results for 2016 will slightly outpace market expectations following a strong end to trading in the first half.
Somero, which makes laser-guided equipment for concrete placing and levelling of floors, said strong strong in North America and solid performances in China, the Middle East and Europe had all contributed to trading in June coming in slightly ahead of expectations.
The strong interim performance, along with margin improvements in the business, will leave results for the full year just ahead of market expectations, Somero said.
Somero will publish its full interim results on September 6.
By Sam Unsted; [email protected]; @SamUAtAlliance
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