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Somec S.p.A. ( (IT:SOM) ) has issued an announcement.
Somec S.p.A. reported a 9.8% increase in consolidated revenues for the first quarter of 2025, reaching 96.1 million euros. This growth was largely driven by the Mestieri division, which saw a significant 53.4% rise in revenues, attributed to strong order performance in Europe and the United States. The company’s strategic focus on product, market, and currency diversification has proven successful, and it aims to continue improving margins throughout 2025.
The most recent analyst rating on (IT:SOM) stock is a Buy with a EUR17.20 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. specializes in engineering, design, and implementation of complex turnkey projects in the civil and naval sectors. The company operates through three divisions: Horizons, Talenta, and Mestieri, offering engineered systems for naval architectures and civil facades, professional kitchen systems, and customized interior designs. With a global presence in 12 countries across 3 continents, Somec is known for its high-quality standards and operational reliability.
Average Trading Volume: 6,952
Technical Sentiment Signal: Sell
Current Market Cap: €85.56M
For a thorough assessment of SOM stock, go to TipRanks’ Stock Analysis page.