Somero trading in line with expectations
Somero Enterprises Inc. (DI)
343.00p
10:50 26/06/24
-0.58%
-2.00p
Somero Enterprises said in an update on Monday that trading for the first five months of 2024 was consistent with expectations.
FTSE AIM 100
3,690.73
11:00 26/06/24
n/a
n/a
FTSE AIM All-Share
766.80
11:00 26/06/24
n/a
n/a
Industrial Engineering
13,389.49
10:59 26/06/24
0.78%
104.15
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.