Somero Enterprises (SOM) Full Year 2021 results presentation episode artwork

EPISODE · Mar 17, 2022 · 40 MIN

Somero Enterprises (SOM) Full Year 2021 results presentation

from PIWORLD Investor Podcasts · host piworld

Somero Enterprises CEO, Jack Cooney, President, John Yuncza and CFO, Enzo Licausi, presents the FY21 results, for the period ended 31 December, 2021, followed by Q&A. Jack Cooney, CEO 00:17 – Introduction John Yuncza, President 02:30 – 2021 In review 04:09 – Financial highlights 04:55 – Sales by territory 07:01 – Sales by product Enzo Licausi, CFO 08:36 – Operating results 10:05 – Financial position 11:16 – Cash flows 12:54 – Dividend John Yuncza, President 13:52 – Long term growth 15:38 – New products 17:46 – Products and applications 18:39 – International Growth 19:10 – Training and expertise 19:52 – 2022 Outlook 22:16 – Q&A Somero Enterprises, Inc. is a manufacturer of laser-guided equipment. The Company's equipment is used to place and screed the concrete slab in all commercial building types, including all floors in multi-story buildings. Its products include CopperHead XD 3.0,, Mini Screed C, S-15R, S-22E, S-485, S-940, S-10A, and the S-158 Laser Screed machines, STS-11M Spreader, as well as the 3-D Profiler System software, the Somero Floor Levelness System, and the SP-16 Concrete Hose Line-Pulling and Placing System. The Somero 3-D Profiler System allows automatic paving of contoured sites using a Somero Laser Screed equipment. 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 laser-guided technology is used in construction projects including warehousing, retail, and commercial.

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