Somero Enterprises (SOM) 2018 full year results presentation
29 March 2019
Jack Cooney (CEO), Howard Hohmann (EVP Sales) and John Yuncza (CFO) present Somero’s final results to 31st December 2018.
Somero Enterprises, Inc. is a manufacturer of laser-guided equipment. The Company’s equipment automates the process of spreading and leveling volumes of concrete for commercial flooring and other horizontal surfaces, such as paved parking lots in North America. The Company’s products include S-22E, S-15R, S-15M, STS-11M, S-840, S-485, CopperHead XD 3.0, Mini Screed C, PowerRake 3.0, 3-D Profiler and SiteShape. Its Somero Floor Levelness System monitors Laser Screed performance, operator performance and reports alert percentages of issues. The Somero SiteShape System allows for grade shaping automatically using users’ motor grader, dozer or other grading machine. The Somero 3-D Profiler System allows automatic paving of contoured sites using a Somero Laser Screed equipment. The CopperHead XD machine encounters applications, such as chaired rebar, low slump and poor subgrades. The Somero eXtreme Platform (SXP) allows users use their Laser Screed equipment.
Jack Cooney, CEO
Introduction – 00:18
History of Somero – 00:32
The Somero Customer – 04:28
Customer care – 07:10
2018 review – 08:50
Howard Hohmann, EVP of Sales
Global reach – 09:47
Sales by territory – 10:04
Sales by product – 14:26
John Yuncza, CFO
Financial Highlights – 16:05
Operating results – 17:39
Financial position – 19:26
Cash flow – 20:12
Dividends – 21:50
Jack Cooney, CEO
Current trading & outlook – 24:13
Q&A – 26:56
