Last 112.75 GBp
Change Today 0.00 / 0.00%
Volume 50.0K
SOM On Other Exchanges
As of 12:27 PM 03/4/15 All times are local (Market data is delayed by at least 15 minutes).

somero enterprises inc- regs (SOM) Snapshot

112.75 GBp
Previous Close
112.75 GBp
Day High
112.75 GBp
Day Low
112.75 GBp
52 Week High
07/3/14 - 139.00 GBp
52 Week Low
05/16/14 - 99.00 GBp
Market Cap
Average Volume 10 Days
0.10 GBp
Shares Outstanding
0.03 GBp
Dividend Yield

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somero enterprises inc- regs (SOM) Details

Somero Enterprises, Inc., together with its subsidiaries, designs, manufactures, refurbishes, sells, and distributes concrete leveling, contouring, and placing equipment worldwide. It also offers related parts and accessories, as well as provides training services. The company’s products include S-22E Laser Screed, S-15R Laser Scree S-15R Laser Screed, S-15m LASER Screed, S-840 LASER Screed, Mini Screed R, CopperHead XD, and Refurbished Laser Screed, which are concrete leveling machines. In addition, it provides STS-11m, a productive concrete placing and leveling solution; 3-D Profiler System for concrete paving; PowerRake 3 for placing concrete or grading fine-granular materials; HoseHog, a tool designed to pick up and move slick line around the pour site; and SiteShape System for grade shaping using a motor grader, dozer, or other grading machine. The company markets and sells its products primarily to concrete contractors through direct sales force, external sales representatives, and independent dealers in North America, Latin America, Europe, the Middle East, South Africa, Asia, and Australia. Somero Enterprises, Inc. was founded in 1985 and is headquartered in Fort Myers, Florida.

155 Employees
Last Reported Date: 09/8/14
Founded in 1985

somero enterprises inc- regs (SOM) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $649.0K
Compensation as of Fiscal Year 2013.

somero enterprises inc- regs (SOM) Key Developments

Somero Enterprises, Inc. Provides Earnings Guidance for the Full Year Ended December 31, 2014

Somero Enterprises, Inc. provided earnings guidance for the full year ended December 31, 2014. For the period, the company expects to report EBITDA slightly ahead of market expectations.

Somero Enterprises, Inc. to Open New Office in China

Somero Enterprises, Inc. continues to expand its presence in China through machine sales and industry education. Starting in 2015 Somero China will utilize new 3,000+ m² building, moving from an 800m² facility, for in depth screed training in addition to standard on-site training. This is consistent with what Somero provides in the USA market which has proven to be extremely successful. The company will teach the proper techniques of site preparation and maximized screed utilization to include machine operation and maintenance. Additionally, starting in the third quarter of 2015 Somero China will provide billable in depth site management training for Somero large line customers. This training will provide to customers with proven concrete site techniques utilized by Somero customers in the USA and other established markets. Somero has provided similar training on site in China and new facility allows to train customers in a controlled environment without the pressures of a live construction site. The company have received strong interest in advance of the program.

Somero Enterprises, Inc. Announces Executive Appointments

Somero Enterprises, Inc. announced the appointments of Naveen ("Neil") Mathur and Howard Hohmann to the Board, effective immediately. Neil will join the Board as Chief Financial Officer and Howard will join as an Executive Director. Both Neil and Howard join the Board from senior positions within company with Neil most recently acting as Corporate Controller while Howard will retain his role as Executive Vice President of Sales. Neil, as Corporate Controller since 2007, has worked alongside Mike Niemela and is working with Mike now on an orderly transition of responsibilities. Neil Mathur is currently a director of Astro Tax Services LLC and Astro Property Management LLC and has not held any other Directorships in the previous five years. Howard Hohmann currently holds no other directorships and has not held any other roles in the previous five years.


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