290.00p
0.00%
Close of 9 Nov 2026, in pence
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About Somero Enterprises
Its shares trade on LSE under the ticker SOM.L. It has been listed since 1 November 2006. In the fiscal year to 31 December 2025, it reported revenue of $90.7m and net income of $10.4m. At that date it held total assets of $99.9m and shareholders' equity of $82.4m.
Somero Enterprises, Inc. engages in the design, assemble, and sale of equipment that automates the process of spreading and leveling large volumes of concrete for flooring and other horizontal surfaces. The company is headquartered in Fort Myers, Florida. The company went IPO on 2006-11-01. The firm's equipment automates the process of spreading and leveling volumes of concrete for commercial flooring and other horizontal surfaces, such as paved parking lots in North America. The firm's products include S-22E, S-15R, S-15M, STS-11M, S-840, S-485, CopperHead XD 3.0, Mini Screed C, PowerRake 3.0, 3-D Profiler and SiteShape. 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 3-D Profiler System allows automatic paving of contoured sites using a Somero Laser Screed equipment. The CopperHead XD machine encounters applications, such as chaired rebar, low slump and poor subgrades. The Somero eXtreme Platform (SXP) allows users use their Laser Screed equipment.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 1 Nov 2006
- Employees
- 179
- Website
- somero.com ↗
Leadership
Pay as last reported
- Mr. Robert ScheuerNon-Executive Independent Chairman of the Board$107,648
- Mr. Jesse AhoPresident
- Mr. Timothy AverkampChief Executive Officer
- Mr. Vincenzo LicausiChief Financial Officer, Executive Director, Company Secretary, since 2022$412,069
- Mr. Howard HohmannExecutive Vice President - Sales Worldwide, Executive Director$504,976
- Mr. Thomas AndersonNon-Executive Independent Director$107,648
- Ms. Anne EllisNon-Executive Independent Director$107,648
- Mr. Lawrence HorschNon-Executive Independent Director$150,739
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Somero Enterprises Inc possesses various strengths that contribute to its success. Firstly, the company has a strong reputation in the industry for its high-quality products and innovative solutions for the concrete construction market. This has resulted in a loyal customer base and repeat business.
- Secondly, Somero has a diverse product portfolio, offering a range of technologically advanced equipment for different construction applications. This helps the company cater to the varying needs of its customers and capture a larger market share.
- Furthermore, Somero has a global presence with an extensive distribution network, allowing it to reach customers in different regions efficiently. This global reach enables the company to capitalize on growth opportunities in emerging markets and reduces its dependence on any single market.
Weaknesses
- Despite its strengths, Somero Enterprises Inc also faces certain weaknesses that need to be addressed. Firstly, the company's heavy reliance on the construction industry makes it vulnerable to economic downturns. A slowdown in construction activity can significantly impact Somero's sales and profitability.
- Moreover, Somero's product pricing tends to be higher compared to some competitors in the market. This might deter price-sensitive customers and limit the company's market share, especially in price-sensitive markets.
- Additionally, Somero's product development cycle can be lengthy, which could potentially hinder the company's ability to quickly introduce new products or adapt to changing customer demands. This could result in missed opportunities and potential loss of market share.
Opportunities
- Despite the challenges, Somero Enterprises Inc has several opportunities to explore. Firstly, the global construction industry is expected to grow, particularly in emerging markets like Asia and Africa. Somero can leverage its global presence to capture a larger market share in these regions and capitalize on the industry's growth.
- Furthermore, there is an increasing demand for sustainable construction practices, which presents an opportunity for Somero to develop environmentally friendly products and solutions. This can help the company attract customers who prioritize sustainable construction methods.
- Additionally, technological advancements in the construction industry, such as Building Information Modeling (BIM) and automation, open doors for Somero to innovate and introduce new products that enhance productivity and efficiency on construction sites.
Threats
- Somero Enterprises Inc faces certain threats that could impact its business. Firstly, intense competition within the industry poses a threat to the company's market share and profitability. Competitors with similar or more affordable products might attract potential customers away from Somero.
- Moreover, changes in government regulations related to construction and environmental policies can affect Somero's operations and increase compliance costs. Adapting to new regulations quickly and effectively is crucial to minimize any negative impact.
- Additionally, economic uncertainties, such as recessions or fluctuations in exchange rates, can create challenges for Somero's international operations and demand for its products. Managing these risks effectively is vital to maintain stability and profitability.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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