Why invest in Somero
OUR INVESTMENT CASE IS BASED ON SIX CORE STRENGTHS
This year demonstrated the resilience of Somero’s business model. Our team continues to execute with discipline; protecting margins, preserving cash, and continuing to invest strategically to generate long-term value creation for our investors.
One
INDUSTRY LEADER IN INTRODUCING CUSTOMER-DRIVEN, TECHNOLOGICALLY ADVANCED NEW PRODUCTS
Our competitive advantage is layered. We lead with innovation and protected technology. We design products directly around customer job site needs. And we support customers through training and service that extends well beyond the initial sale.
Two
MARKET LEADING POSITION
Our overall product portfolio consists of over 20 products and spans a wide range of applications. Our laser screeds are used in a variety of applications, from small to large pours, to more complex commercial placements with extensive track record of Golden Trowel Awards for laser screeded floors won using a Somero Laser Screed®.
We’re deliberately expanding coverage to serve a broader range of contractors and jobsite requirements.
Three
TOTAL SOLUTIONS PROVIDER
Somero offer's a suite of equipment, technical expertise, parts & service, and product and consultative support to be successful.
Four
SKILLED MANAGEMENT TEAM WITH EXTENSIVE INDUSTRY EXPERIENCE
- Our CEO Tim Averkamp possesses over 30 years of global expertise in industrial manufacturing, construction machinery.
- EVP of Sales Howard Hohmann contributes over 28 years with Somero supporting customers and driving innovation with prior experience as a commercial concrete contractor.
- CFO Enzo LiCausi brings over seven years of experience as a trusted business partner, demonstrating strong financial acumen.
- President of Global Operations Jesse Aho has 18 years of experience with the company, driving operational excellence.
Five
ATTRACTIVE GLOBAL GROWTH OPPORTUNITY
Somero has built a global brand with customers in 90+ countries, underpinned by four decades of continual innovation.
Six
STRONG AND CONSISTENT FINANCIAL PERFORMANCE
- Gross margins are supported by a premium brand and flexible cost structure.
- Our variable cost structure enables us to remain profitable through economic cycles.
- Maintained strong cash generation which funds organic growth.
- Significant return capital to shareholders.
Read more
Stock Information
Investor Contacts
