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Somero (SOM)

Somero Enterprises (SOM) H1 2019 results September 2019

18 September 2019

Presented by CEO Jack Cooney and CFO John Yuncza

Jack Cooney, CEO
Overview of the global market – 00:18
Sky Screed – 06:48

John Yuncza, CFO
Financial highlights – 09:17
Sales by territory – 13:21
Sales by product – 21:42
Financial summary – 25:53
Operating results – 27:37
Financial position – 29:32
Cash flows – 30:46
Summary – 31:58

Q&A – 35:42

Somero Enterprises, Inc. is a manufacturer of laser-guided equipment. The Company’s equipment automates the process of spreading and levelling 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.

 

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