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Somero (SOM)

Somero (SOM) Results presentation March 2018

03 April 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.

 

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