Somero Enterprises told shareholders of "broad contributions" to its growth at the current early stage of the year, as well as positive market conditions it continued to see across its portfolio of territories, as they prepared for the company's annual general meeting.
Concrete levelling specialist Somero Enterprises posted a 21% rise in full year pre-tax profits to $25.7m as revenues hit record levels.
Somero Enterprises updated the market on its trading on Monday, ahead of the annual general meeting to be held on Tuesday.
Somero updated the market on its trading for the financial year to 31 December on Tuesday, saying that in the six months since its first half update, the company continued to deliver profitable growth and cash generation.
Somero Enterprises said on Tuesday that its full-year results are likely to be slightly ahead of market views thanks in part to a strong performance in June.
Somero Enterprises chief executive Jack Cooney and his wife sold off over £2m of the company's shares, reportedly in order to satisfy a US tax bill.
Shares in The Restaurant Group are a good bargain again, said the Sunday Times' Inside the City column. The owner of Frankie & Benny's, Chiquito, Coast to Coast and Giraffe lost 18% of its value in one day last week when it revealed a modest slowdown in sales and took a cautious line on the year ahead, yet still stated confidence in full-year profit growth of at least 10%. The stock, at its lowest level for two years, after climbing more than 125% over the last five and serving up growing dividends each year, providing it with a premium valuation - which has now been wiped away.
Concrete specialist Somero Enterprises confirmed a strong end to the year in China, North America and Europe, with earnings materially ahead of current market expectations.
Somero Enterprises said it is trading ahead of market expectations for the full-year ended 31 December 2015 thanks to trong activity levels in Noth America and the Middle East.
Cloud computing group Nasstar said its annual profits and revenue grew in 2014, as the company met its target of becoming a "commercially focused, profitable and sustainable business".
Somero Enterprises, a manufacturer of laser-guided machinery, said it had an "exceptional" trading year thanks to a strong performance in the US and China.
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Somero Enterprises' revenues surged in the first half, prompting the company to predict full-year profits well ahead of expectations.