Reflecting the strong first-half performance and outlook for the remainder of the year, Somero Enterprises Inc has declared an interim dividend of US$ 0.05 per share, up 25% from US $0.04 per share in H1 2025. The dividend, totaling approximately US$ 2.6m, will be payable on 16 October 2026 to shareholders on the register on 18 September 2026. The ex-dividend date is 17 September 2026.
Other Financial Highlights:
Return to growth: revenue up 22% to US$ 48.7m as market conditions continued to stabilize and customer activity increased
Significant operating leverage: adjusted EBITDA and margin up 59% and 480bps, respectively, on higher volumes
Growth across all regions led by North America (+22%), with strong contributions from Europe (+41%), Australia (+12%) and ROW (+7%)
Strong product performance: significant revenue increases from Boomed screeds (+33%), Ride-on screeds (+45%) and the 3-D Profiler System (+55%)
Robust cash generation: operating cash flow of US$ 7.1m and net cash of US$ 29.6m at 30 June 2026, after US$ 3.4m of dividends and US$ 5.8m of share repurchases
