Somero Enterprises FY 2025 revenue falls on lower volumes, announces buyback

Somero Enterprises

10/03/2026 07:08

Overview

Concrete-leveling equipment maker's FY 2025 revenue fell 19%, driven by lower sales volumes

Adjusted EBITDA for FY 2025 decreased 37%, supported by cost measures

Company authorized new US$ 4 mln share buyback program

Outlook

Somero expects FY 2026 revenue and profitability to be comparable to FY 2025

Company plans $2.0 mln increase in operating costs for strategic investments in 2026

Somero anticipates steady customer activity to offset challenges in large-line Boomed screeds

Result Drivers

NEW PRODUCTS - Innovation contributed US$ 13.0 mln to revenue, with new products like SRS-4e, Hammerhead, and S-15EZ

COST MEASURES - Disciplined actions helped offset lower revenues and support EBITDA margin

CASH FLOW IMPROVEMENT - Operating cashflow improved due to higher advance customer deposits and benefits from new US tax legislation

Company press release: ID:nRSJ9497Va

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
$88.90 mln
FY Adjusted EPS
$0.20
FY Adjusted EBITDA
$17.50 mln
FY Adjusted EBITDA Margin
20.00%
FY Operating Cash Flow
$17.80 mln


Analyst Coverage

The one available analyst rating on the shares is "strong buy"

The average consensus recommendation for the heavy machinery & vehicles peer group is "buy."

Wall Street's median 12-month price target for Somero Enterprises Inc is GBp260.00, about 20.9% above its March 9 closing price of GBp215.00

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)