Somero Enterprises, Inc. (SOM.L), a farm machinery company, reported Friday that the positive trading momentum from the end of 2025 carried over with trading in the five months ended May 31, tracking well against its fiscal 2026 outlook.
The company, in its trading update, ahead of its Annual General Meeting expected to be held on June 17, added that the stabilization of US Private non-residential construction, its largest market, has continued during the period of trading.
Furthermore, the Company outlined the planned replacement of Director Larry Horsch.
In addition, the company will conduct a review of its governance arrangements and legal constitution, planning to make appropriate changes which would help its stakeholders.
On the London Stock Exchange, the shares were trading 1.62 percent higher at 188.00 pence.
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