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Somero (SOM)

Somero Enterprises (SOM) Full Year 2021 results presentation

17 March 2022

Somero Enterprises CEO, Jack Cooney, President, John Yuncza and CFO, Enzo Licausi, presents the FY21 results, for the period ended 31 December, 2021, followed by Q&A.

Jack Cooney, CEO
00:17 – Introduction

John Yuncza, President
02:30 – 2021 In review
04:09 – Financial highlights
04:55 – Sales by territory
07:01 – Sales by product

Enzo Licausi, CFO
08:36 – Operating results
10:05 – Financial position
11:16 – Cash flows
12:54 – Dividend

John Yuncza, President
13:52 – Long term growth
15:38 – New products
17:46 – Products and applications
18:39 – International Growth
19:10 – Training and expertise
19:52 – 2022 Outlook

22:16 – Q&A

Somero Enterprises, Inc. is a manufacturer of laser-guided equipment. The Company’s equipment is used to place and screed the concrete slab in all commercial building types, including all floors in multi-story buildings. Its products include CopperHead XD 3.0,, Mini Screed C, S-15R, S-22E, S-485, S-940, S-10A, and the S-158 Laser Screed machines, STS-11M Spreader, as well as the 3-D Profiler System software, the Somero Floor Levelness System, and the SP-16 Concrete Hose Line-Pulling and Placing System. The Somero 3-D Profiler System allows automatic paving of contoured sites using a Somero Laser Screed equipment. 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 laser-guided technology is used in construction projects including warehousing, retail, and commercial.

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