Somero smashes expectations and boosts dividend

Manufacturing specialist ends year with a bang
Thursday 12 Jan 2017 Author: Daniel Coatsworth
Somero Enterprises ( SOM:AIM ) 232.5p Gain to date : 68.5% Original entry point : Buy at 138p, 14 January 2016 The US-focused specialist machinery manufacturer has issued a very positive trading update for its financial year ending 31 December 2016. Revenue, earnings before interest, tax, depreciation and amortisation (EBITDA) and net cash are all expected to be ahead of market forecasts. The company is so confident about the...

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