Somero Enterprises (SOM) Full Year 2021 results presentation
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Somero Enterprises CEO, Jack Cooney, President, John Yuncza and CFO, Enzo Licausi, presents the FY21 results, for the period ended 31 December, 2021, followed by Q&A. Jack Cooney, CEO00:17 – Introduction John Yuncza, President02:30 – 2021 In review04:09 – Financial highlights04:55 – Sales by territory07:01 – Sales by product Enzo Licausi, CFO08:36 – Operating results10:05 – Financial position11:16 – Cash flows12:54 – Dividend John Yuncza, President13:52 – Long term growth15:38 – New products17:46 – Products and applications18:39 – International Growth19:10 – Training and expertise19:52 – 2022 Outlook 22:16 – Q&A Somero Enterprises, Inc. is a manufacturer of laser-guided equipment. The Company's equipment is used to place and screed the concrete slab in all commercial building types, including all floors in multi-story buildings. Its products include CopperHead XD 3.0,, Mini Screed C, S-15R, S-22E, S-485, S-940, S-10A, and the S-158 Laser Screed machines, STS-11M Spreader, as well as the 3-D Profiler System software, the Somero Floor Levelness System, and the SP-16 Concrete Hose Line-Pulling and Placing System. The Somero 3-D Profiler System allows automatic paving of contoured sites using a Somero Laser Screed equipment. 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 laser-guided technology is used in construction projects including warehousing, retail, and commercial.