**Summary**
Somero Enterprises Inc. released a trading update for the financial year ended 31 December 2025, highlighting improved performance in the second half (H2) of the year. Key points include
1. **Financial Performance**
FY 2025 revenue is expected to be approximately **US$88.9 million**, in line with guidance and market expectations, with H2 revenues up **23.4%** to **US$49.1 million**.
New product launches, including the S-15EZ and Hammerhead Laser Screed, contributed **US$13.0 million** in H2.
FY 2025 adjusted EBITDA is expected to be **US$17.5 million**, and year-end cash is better than anticipated at **US$33.2 million**.
2. **Regional Performance**
**North America** revenues declined to **US$68.1 million** due to mixed demand in non-residential construction.
**Europe** revenues improved in H2 but remained lower at **US$8.9 million** due to macroeconomic and geopolitical challenges.
**Australia** revenues normalized to **US$5.6 million** (down 15%) after exceptional growth in prior periods.
**Rest of World** revenues remained consistent at **US$6.3 million**.
3. **Strategic Progress**
The company is advancing its long-term strategy under the pillars of **Fortify, Innovate, and Amplify**, with initiatives underway to strengthen market presence and product offerings.
4. **Outlook for FY 2026**
The Board anticipates **market volatility** to continue, with overall trading expected to be **broadly similar** to FY 2025.
Strategic initiatives, including expanding the product range, are expected to contribute meaningfully to FY 2026 performance.
5. **Management Commentary**
CEO Tim Averkamp emphasized strong H2 performance, positive customer response to new products, and disciplined execution despite near-term uncertainties.
The company remains focused on innovation, margin protection, and preparing for growth when market conditions improve.
Someros final results for 2025 are scheduled for release on **10 March 2026**.