Somero lasers in on American sales
Somero Enterprises, which makes laser guided equipment for the spreading and levelling of concrete, says trading for 2011 came in slightly ahead of expectations.
Somero Enterprises, which makes laser guided equipment for the spreading and levelling of concrete, says trading for 2011 came in slightly ahead of expectations.
Sales of "large line" equipment was strong in the US and emerging markets.
Commenting, the firm's Chief Executive, Jack Cooney, said: "Trading in December was very strong, after a slow period in October and November. We continue to be encouraged by some signs of improving market conditions in the North American and emerging markets, although conditions in Europe continue to be very difficult."
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Somero shares were up 10% by 09:25 although, over the last year, the stock has lost 45%.
BS
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