7th Jul 2015 08:42
LONDON (Alliance News) - Somero Enterprises Inc on Tuesday said it is trading slightly ahead of market expectations for 2015 after its good trading momentum continued through the first half.
Somero, which makes concrete placing and levelling equipment, said trading in May and June was in line with the good performance seen earlier in the first half, with particularly strong trading in North America and the Middle East and solid performances in Europe, Southeast Asia and Latin America.
In China, following a slower-than-expected start to the year, trading has improved, and the group is seeing healthy demand for its products.
As a result, Somero said it is trading slightly ahead of market expectations for the full year.
Shares in Somero were up 0.9% to 147.85 pence on Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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