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Somec S.p.A. Announces Effective Capital Increase with VIS S.r.l.

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Somec S.p.A. Announces Effective Capital Increase with VIS S.r.l.

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The latest update is out from Somec S.p.A. ( (IT:SOM) ).

Somec S.p.A. has announced the effectiveness of a capital increase reserved for VIS S.r.l., which was paid through the transfer of a leasing contract for the company’s main headquarters. This capital increase is part of an amendment agreement with major banks and ensures the completion of a financing contract, impacting Somec’s share capital and financial positioning.

The most recent analyst rating on (IT:SOM) stock is a Hold with a EUR15.50 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.

The Somec Group specializes in engineering, design, and execution of complex turnkey projects in the civil and naval sectors. It operates through three divisions: Horizons, Talenta, and Mestieri, focusing on naval architectures, professional kitchen systems, and customized interiors, respectively. Known for quality and reliability, Somec is present in 12 countries, employs over 1000 people, and reported revenues of 383 million euros in 2024.

Average Trading Volume: 5,548

Technical Sentiment Signal: Sell

Current Market Cap: €90.05M

For detailed information about SOM stock, go to TipRanks’ Stock Analysis page.

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