Somec S.p.A. Maintains Positive Outlook Amidst Mixed Nine-Month Results

Somec S.p.A. recently released its financial results for the first nine months of 2025. Despite a slight year-on-year increase in sales of 0.4% to €271.1 million, the company has maintained a "BUY" rating with a target price of €23.35. Growth was largely supported by the Mestieri division, which posted a 17.1% increase in revenue, driven by ship interiors and high-end projects.

The Horizons core segment recorded a decline in sales to €160.4 million, attributed to shifting project activities expected to recover in the fourth quarter. Talenta, however, saw a 4.2% increase in sales to €42.5 million, thanks to increased synergies.

While some sales figures fell short of expectations, Somec's management remains optimistic about future performance, emphasizing their robust business model and strategies aimed at improving financial indicators through cost management and economies of scale.