EPISODE · Sep 21, 2022 · 40 MIN
Somero Enterprises (SOM) Interim Results 2022 presentation - September 2022
from PIWORLD Investor Podcasts · host piworld
Jack Cooney, CEO, John Yuncza, President and Vincenzo LiCausi, CFO, present Somero's Interim Results for the six months ended June 30, 2022. A Record H1 revenue driven by continued strength in the US market. Jack Cooney, CEO 00:16 - Introduction 00:28 - H1 2022 Highlights John Yuncza, President 01:39 - Financial highlights 02:51 - Sales by territory & product Enzo Licausi, CFO 06:50 - Operating results 08:00 - Financial position 08:47 - Cashflows John Yuncza, President 09:45 - 2022 Outlook 12:29 - Long term growth strategy 13:38 - New products 15:36 - International growth 15:52 - 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
What this episode covers
Jack Cooney, CEO, John Yuncza, President and Vincenzo LiCausi, CFO, present Somero's Interim Results for the six months ended June 30, 2022. A Record H1 revenue driven by continued strength in the US market. Jack Cooney, CEO00:16 - Introduction00:28 - H1 2022 Highlights John Yuncza, President01:39 - Financial highlights02:51 - Sales by territory & product Enzo Licausi, CFO06:50 - Operating results08:00 - Financial position08:47 - Cashflows John Yuncza, President09:45 - 2022 Outlook12:29 - Long term growth strategy13:38 - New products15:36 - International growth 15:52 - 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
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Somero Enterprises (SOM) Interim Results 2022 presentation - September 2022
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