Somec S.p.A. Secures Over €100 Million in New Contracts

Somec S.p.A.’s Mestieri division secured more than €100 million in new contracts, including €81 million in naval projects and over €20 million in civil architecture, lifting the group’s order backlog above a record €1.3 billion. Naval projects for major global operators and a U.S. shipping company will run through 2037, while civil projects include luxury hotels and international commercial spaces, with economic impacts expected from Q4 2026 to Q1 2027. Alantra reaffirmed its buy rating and €28.50 target price, citing strong commercial momentum.