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An announcement from Somec S.p.A. ( (IT:SOM) ) is now available.
Somec’s Mestieri division, which focuses on bespoke high-end interiors and architectural solutions, has secured new contracts worth €13.5 million for luxury retail and hospitality projects in Italy and the United States, including major cities such as Venice, Rome and Milan and prominent locations in California. The work, involving subsidiaries Budri, Gino Ceolin, Lamparredo and Skillmax, spans marble and natural stone claddings, complex metal architectures, special high-performance windows and doors, façades, monumental staircases and custom furnishings, reinforcing Mestieri’s role in high value-added segments and its capacity to execute integrated, international luxury projects. A key strategic emphasis is on custom steel and bronze windows and doors, a development line that supports the division’s move toward increasingly specialized, complex solutions and expands its offering in the most refined areas of architectural design, with the full economic impact of these contracts expected in the 2026 financial year and adding to the sizeable backlog already built with earlier orders.
The most recent analyst rating on (IT:SOM) stock is a Buy with a EUR19.00 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., headquartered in San Vendemiano, Italy, is a global specialist in the engineering, design and execution of complex turnkey projects across civil and naval fields. Through its three divisions—Horizons for naval architectures and civil façades, Talenta for professional kitchen systems, and Mestieri for customized interiors—the group delivers highly tailored, high value-added solutions, leveraging integrated operations, strict quality and safety standards, and advanced know-how in processing diverse materials. With more than 40 years of history, Somec operates in 12 countries across three continents, employs over 1,000 people and reported revenues of €383 million in 2024.
Average Trading Volume: 4,932
Technical Sentiment Signal: Sell
Current Market Cap: €100.9M
See more insights into SOM stock on TipRanks’ Stock Analysis page.