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Somero Enterprises (SOM)

Somero Enterprises (SOM) Full Year 2022 results presentation - March 2023

21 March 2023

Somero Enterprises CEO, Jack Cooney, President, John Yuncza and CFO, Enzo Licausi, presents the FY22 results, for the period ended 31 December, 2022, followed by Q&A. There is a healthy North American market and significant contributions from Europe and Australia, which drove a strong finish to 2022.

Jack Cooney, CEO
00:16 – Introduction
00:26 – 2022 Highlights

John Yuncza, President
01:31 – Financial highlights
02:24 – Sales by territory & product

Enzo Licausi, CFO
05:39 – Operating results
07:14 – Financial position & cashflow
09:31 – Dividend

John Yuncza, President
10:16 – Long term growth strategy
12:02 – Product development & current lineup
14:51 – International growth
16:59 – Outlook

19:12 – Q&A

Somero Enterprises provides industry-leading concrete-levelling equipment, training, education and support to customers in over 90 countries. The Company’s cutting-edge technology allows its customers to install high-quality horizontal concrete floors faster, flatter and with fewer people. Somero equipment that incorporates laser-technology and wide-placement methods is used to place and screed the concrete slab in all building types and has been specified for use in a wide range of commercial construction projects for numerous global blue-chip companies.

Somero pioneered the Laser Screed ® market in 1986 and has maintained its market-leading position by continuing to focus on bringing new products to market and developing patent-protected proprietary designs. In addition to its products, Somero offers customers unparalleled global service, technical support, training and education, reflecting the Company’s emphasis on helping its customers achieve their business and profitability goals, a key differentiator to its peers.

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