Good morning!
Plenty of interesting little updates today.
I shall work through this list:
Somero Enterprises Inc (LON:SOM)XP Power (LON:XPP)Petards (LON:PEG)Quartix Holdings (LON:QTX)Lighthouse (LON:LGT)There have also been requests for me to cover some of the asset management companies which had trading updates this week. Duly noted!
Regards,
Graham
Somero Enterprises Inc (LON:SOM)
Share price: 370p (+8%)No. of shares: 56 millionMarket cap: £208 millionTrading Update
This is a US-based provider of concrete “screeding” machines – they allow for new concrete floors to be made perfectly flat.
We’ve covered this stock plenty of times here before. It’s one of the few quality overseas stocks on AIM!
Today’s update let us know that the company continues to perform well, and was ahead of expectations in H2.
As a result of the strong H2 performance, the Board now expects 2017 revenues will be slightly ahead of market expectations of $84.7m, EBITDA will be comfortably ahead of market expectations of…