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The latest announcement is out from Somec S.p.A. ( (IT:SOM) ).
Somec S.p.A.’s subsidiary, Oxin, has secured contracts worth approximately 33.7 million euros to construct professional kitchens for Crystal Cruises’ new luxury ships. This project, which includes the design, production, installation, and after-sales service of kitchens, catering areas, and bars, will be executed at major Italian shipyards and is expected to impact the company’s operations from 2026 to 2031. The announcement reinforces Somec’s position as a leader in the luxury cruising sector, highlighting its commitment to high-quality, state-of-the-art kitchen solutions.
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 for naval architecture and civil facades, Talenta for professional kitchen systems, and Mestieri for customized interiors. With a global presence in 12 countries and 3 continents, Somec employs over 1000 people and reported revenues of 382.8 million euros in 2024.
YTD Price Performance: 1.77%
Average Trading Volume: 11,978
Technical Sentiment Signal: Buy
Current Market Cap: €78.66M
For a thorough assessment of SOM stock, go to TipRanks’ Stock Analysis page.