Somec boosts margins and cash as 2025 profit tops €7 million

Somec S.p.A. ( (IT:SOM) ) has provided an announcement.

Somec reported 2025 revenues of €370 million, down slightly year-on-year as it deliberately shifted toward higher value-added contracts and faced FX headwinds and project delays, particularly in its Horizons division. Despite softer top-line performance, adjusted EBITDA jumped 14% to a record €34.3 million, with the margin rising to 9.3%, and net profit swung to €7.1 million from a loss, underscoring management’s focus on profitability and disciplined project selection.

The group’s cash generation was strong, with the pre-IFRS net financial position improving markedly to €13.8 million from €36.1 million, supported by more efficient working capital and a streamlined financial structure. An order backlog of €771 million, with visibility through 2033 and early 2026 wins in naval kitchens and interiors, reinforces Somec’s growth prospects and could pave the way for a resumption of dividend payments, while increased integration and synergies between divisions strengthen its competitive positioning in a volatile geopolitical environment.

The most recent analyst rating on (IT:SOM) stock is a Buy with a EUR20.00 price target. To see the full list of analyst forecasts on Somec S.p.A. stock, see the IT:SOM Stock Forecast page.

More about Somec S.p.A.

Somec S.p.A., listed on Euronext Milan, operates in the civil and naval engineering sectors, specializing in the engineering, production and installation of complex turnkey projects. Through its Horizons, Talenta and Mestieri divisions, the group delivers engineered systems for naval architecture and façades, professional kitchens, and customized interiors, with a growing focus on high value-added contracts and integrated solutions.

Average Trading Volume: 6,399

Technical Sentiment Signal: Sell

Current Market Cap: €90.3M

Find detailed analytics on SOM stock on TipRanks’ Stock Analysis page.