Bank-In­de­pen­dent In­vest­ment Hou­se, GBC AG

GBC AG

Research study based on publicly available financial figures. Includes a description of the business performance, forecasts and a valuation model.

Bank-In­de­pen­dent In­vest­ment Hou­se

GBC AG, headquartered in Augsburg, is one of the leading bank-independent investment houses in Germany and an experienced issuing expert for German SMEs.

As an owner-managed company, GBC AG knows the financing needs of German SMEs and is an independent and reliable partner for all capital market issues.

Within the GBC Group, GBC AG offers corporate analysis & research, capital market & financing consulting as well as capital market conferences.

GBC Kapital GmbH complements the services in the group with corporate finance in the areas of placement & brokerage of bonds and shares.

Equity Bottom-Up

<ul>
<li>On 25 September 2025, the Somec Group published its half-year figures for the current financial year 2025.</li>
<li>The performance in the first six months was primarily characterised by moderate growth and a strong improvement in profitability at all earnings levels.</li>
<li>Thanks to continued strong momentum in the maritime business and robust refitting business (modernisation of older ships, etc.), the Somec Group achieved moderate revenue growth of 3.9% to € 192.7 million in the first half of the year (HY1 2024: € 185.6 million).</li>
</ul>


On 25 September 2025, the Somec Group published its half-year figures for the current financial year 2025.
The performance in the first six months was primarily characterised by moderate growth and a strong improvement in profitability at all earnings levels.
Thanks to continued strong momentum in the maritime business and robust refitting business (modernisation of older ships, etc.), the Somec Group achieved moderate revenue growth of 3.9% to € 192.7 million in the first half of the year (HY1 2024: € 185.6 million).


Research study (Note) english  – Somec S.p.A. – 08.10.2025