Somero (SOM) Results presentation March 2018

Results presentation for year end 31st December 2017 by
CEO Jack Cooney, EVP Sales Howard Hohmann and CFO John Yuncza.

Followed by a lengthy Q&A.

Jack Cooney, CEO

Introduction – 00:17

Howard Hohmann, EVP Sales

2017 highlights – 1:24
Sales by territory – 2:38
Sales by product – 3:38

John Yuncza, CFO

Financial highlights – 4:16
Operating results – 6:17
Balance sheet – 8:17
Cash flows – 8:40
Dividend policy – 9:03
US tax law changes – 9:47

Jack Cooney, CEO

Current trading & outlook – 10:21

Q&A – 11:24

Discussion about the new vertical screeding product – 11:30
Dividend – 23:32
Marketing and development spend – 24:56
Chinese market – 26:20
India – 30:10
Share options – 32:35
Forward visibility – 33:15
Cyclical nature of construction industry – 34:39
Cash/debt position – 37:17
Weather & new tax rate – 38:32
Manufacturing flexibility – 39:25
Regional operation – 41:22
H2 weighting – 42:37
Outlook for 2018- 44:45
Europe – 46:10

 

Presentation slides can be viewed here.

 

You might be interested in

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *