Somero Enterprises (SOM) 2024 Interim results presentation - September 2024

PIWORLD audio investor podcasts - A podcast by piworld

Categories:

Somero Enterprises CEO, Jack Cooney, CFO, Enzo LiCausi and COO, Jesse Aho present their interim results for the six months ended June 30, 2024, followed by Q&A. Jack Cooney, CEO00:16 - Introduction00:24 - H1 2024 highlights01:43 - Sales by territory03:23 - Sales by product Enzo LiCausi, CFO04:41 - Financial highlights06:03 - Operating results07:13 - Financial position08:13 - Cash flows Jesse Aho, COO08:59 - New products Jack Cooney, CEO10:20 - International growth (Europe)10:46 - International growth (Australia)11:07 - 2024 Outlook 12:09 - 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. For more information, visit www.somero.com