Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Somero Enterprises Trading In Line But Seeing Slow Start In China

18th May 2015 08:44

LONDON (Alliance News) - Somero Enterprises Inc on Monday said it is trading in line with its expectations so far in 2015 and expects to produce solid growth over the full year.

Somero, which makes concrete placing and levelling equipment, said the robust momentum seen in 2014 has continued into this year, with growth in its North America, Europe, Middle East, Southeast Asia and Latin American sales.

The only area of concern has been China, where trading has been slower than expected, though Somero said its performance in the country is starting to pick up.

Shares in Somero were down 4.6% to 135.50 pence on Monday.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


Related Shares:

Somero
FTSE 100 Latest
Value8,809.74
Change53.53