SMT SCHARF


Associated tags: WKN, Mining, Transport, Platinum, Metal, Gold, SMT

Locations: BUCYRUS, AUSTRIA, DEUTSCHLAND, AFRICA, EU, POLAND, MIDDLE EAST, CHINA, SOUTH AFRICA, GERMANY, RUSSIA, NEW YORK, AUSTRALIA, DEUTSCHLAND, SHANDONG, CHINA, SHANGHAI, YORK, AUSTRALIEN, BERLIN, BERLIN

EQS-News: SMT Scharf AG releases final figures for the 2023 financial year 

Retrieved on: 
Wednesday, April 10, 2024

Besides continuing our sales activities in our important core markets around the world, we concentrated on further optimising our processes within the SMT Scharf Group.

Key Points: 
  • Besides continuing our sales activities in our important core markets around the world, we concentrated on further optimising our processes within the SMT Scharf Group.
  • With respect to the distribution of revenues by region, China remained the most important sales market for SMT Scharf.
  • As of the reporting date of 31 December 2023, the SMT Scharf Group’s order book stood at EUR 22.6 million (31 December 2022: EUR 22.9 million).
  • Overall, the SMT Scharf Group is active with subsidiaries in seven countries, as well as commercial agencies worldwide.

EQS-News: SMT Scharf AG announces preliminary 2023 results 

Retrieved on: 
Wednesday, March 13, 2024

Significant growth in After-Sales business, but New Equipment business down

Key Points: 
  • Significant growth in After-Sales business, but New Equipment business down
    Hamm, February 28, 2024 – SMT Scharf AG (WKN 575198, ISIN DE000A3DRAE2), one of the world’s leading suppliers of customised transport solutions and logistics systems for underground mining, reports revenue of EUR 73.2 million for the 2023 fiscal year, on the basis of preliminary results (2022: EUR 93.7 million).
  • The operating profit (EBIT) for the 2023 fiscal year amounts to EUR 3.6 million, on the basis of preliminary figures (2022: EUR 14.3 million).
  • As Volker Weiss, CFO of SMT Scharf AG, commented: “In the fourth quarter, we continued with our sales activities in our core markets worldwide.
  • Overall, the SMT Scharf Group is active with subsidiaries in seven countries, as well as commercial agencies worldwide.

EQS-News: Yankuang Energy Group becomes new strategic core shareholder of SMT Scharf AG

Retrieved on: 
Wednesday, March 13, 2024

52.66% of SMT Scharf AG by Yankuang Energy Group Company Limited, at a price of EUR 11.10 per share.

Key Points: 
  • 52.66% of SMT Scharf AG by Yankuang Energy Group Company Limited, at a price of EUR 11.10 per share.
  • The Managing and Supervisory Boards of SMT Scharf AG welcome the fact that Yankuang, as a strategic investor, intends to acquire a majority interest in SMT Scharf AG.
  • As Volker Weiss, CFO of SMT Scharf AG, commented: "We aim to maintain a close and regular dialogue with our new core shareholder in order to successfully further develop and advance SMT Scharf Group's business activities.
  • Yankuang Energy Group Company Limited focuses on the sectors of mining, high-end chemicals and new materials, new energy, high-end equipment manufacturing and intelligent logistics.

EQS-News: SMT Scharf AG supplies electric rail systems for new Berlin energy tunnel

Retrieved on: 
Monday, February 5, 2024

Accordingly, SMT Scharf will provide a specific transport solution for rail-bound passenger and emergency transportation for a new, approximately seven-kilometre cable tunnel.

Key Points: 
  • Accordingly, SMT Scharf will provide a specific transport solution for rail-bound passenger and emergency transportation for a new, approximately seven-kilometre cable tunnel.
  • SMT Scharf will develop three electric-battery-powered rail systems for the project, which are expected to go into operation by 2027.
  • Volker Weiss, CFO of SMT Scharf AG, comments: “SMT Scharf is working continuously on advancing its activities in the tunnel logistics segment, and on thereby further diversifying the SMT Scharf Group’s business in areas beyond coal.
  • Grid operator 50Hertz ( www.50hertz.com ) is already deploying four SMT Scharf tunnel vehicles in its existing tunnels in Berlin.

EQS-News: SMT Scharf AG reports uptrend in Q3 2023 

Retrieved on: 
Thursday, December 14, 2023

In the third quarter of 2023, however, SMT Scharf recorded an upward trend, with revenue and earnings exceeded the previous year’s level.

Key Points: 
  • In the third quarter of 2023, however, SMT Scharf recorded an upward trend, with revenue and earnings exceeded the previous year’s level.
  • In addition to the third-quarter revenue growth, cost savings realized across the SMT Scharf Group and currency effects exerted a positive effect.
  • Accordingly, SMT Scharf achieved positive EBIT of EUR 4.1 million over the course of the first nine months of 2023 (9M/2022: EUR 10.3 million).
  • On the strength of the preliminary results for the third quarter and the first nine months of 2023, SMT Scharf AG had upgraded its revenue and earnings guidance for the 2023 fiscal year on October 30, 2023.