Full-year results were in line with forecasts following positive trading updates, which significantly lifted EPS forecasts. FY21 was an exceptional year gaining from robust N. American market conditions, continued strong demand for e-commerce related warehousing, international recovery from the pandemic as well as the strong gain from establishing direct sales in Australia. The expansion of Houghton is expected to increase capacity by 35% is on track to become operational mid-year. No change to ....
09 Mar 2022
Somero Enterprises - FY21 extraordinary growth, no change to forecast
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Somero Enterprises - FY21 extraordinary growth, no change to forecast
Somero Enterprises, Inc. (SOM:LON) | 335 0 0.0% | Mkt Cap: 184.8m
- Published:
09 Mar 2022 -
Author:
David Buxton -
Pages:
8
Full-year results were in line with forecasts following positive trading updates, which significantly lifted EPS forecasts. FY21 was an exceptional year gaining from robust N. American market conditions, continued strong demand for e-commerce related warehousing, international recovery from the pandemic as well as the strong gain from establishing direct sales in Australia. The expansion of Houghton is expected to increase capacity by 35% is on track to become operational mid-year. No change to ....