An update from Somero Enterprises Inc ( (GB:SOM) ) is now available.
Somero Enterprises, Inc. has appointed Tim Averkamp as the new Chief Executive Officer, effective April 1, 2025. Averkamp brings extensive experience in industrial manufacturing and construction machinery, having held leadership roles at Stoughton Trailers and Astec Industries. His appointment is expected to drive growth and strengthen Somero’s market position, leveraging his expertise in operational excellence and innovation.
More about Somero Enterprises Inc
Somero Enterprises provides industry-leading concrete-levelling equipment, training, education, and support to customers in over 90 countries. The company’s technology enables the installation of high-quality horizontal concrete floors faster, flatter, and with fewer people, serving a wide range of commercial construction projects globally. Somero is recognized for pioneering the Laser Screed® market and continues to lead with innovative, patent-protected designs and comprehensive customer support.
YTD Price Performance: -20.0%
Average Trading Volume: 195,517
Technical Sentiment Signal: Buy
Current Market Cap: £142.6M
For detailed information about SOM stock, go to TipRanks’ Stock Analysis page.