Somero trading in line with expectations
Somero Enterprises Inc. (DI)
309.00p
17:15 21/01/25
-1.12%
-3.50p
Somero Enterprises said in an update on Monday that trading for the first five months of 2024 was consistent with expectations.
FTSE AIM 100
3,454.00
17:15 21/01/25
n/a
n/a
FTSE AIM All-Share
719.11
16:50 21/01/25
n/a
n/a
Industrial Engineering
13,120.35
17:04 21/01/25
-0.24%
-32.00
The AIM-traded firm, which was set to hold its annual general meeting this week, said that reflected the stable health of the non-residential construction market.
In light of that steady performance, the board said it expected revenue, profitability, and cash generation to align with the full-year guidance issued in the final 2023 results on 5 March.
The board said it would provide a more comprehensive trading update for the first half in July.
At 0909 BST, shares in Somero Enterprises were down 3.17% at 341.34p.
Reporting by Josh White for Sharecast.com.