SMT Scharf AG, DE000A3DRAE2

SMT Scharf AG / DE000A3DRAE2

22.03.2024 - 14:30:58

SMT Scharf AG receives major order for tunnel project in the Middle East

EQS-Ad-hoc: SMT Scharf AG / Key word(s): Incoming Orders

22-March-2024 / 14:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Hamm, March 22, 2024 - SMT Scharf AG (WKN: A3DRAE; ISIN: DE000A3DRAE2) has received a major order from a new customer for an important infrastructure project in the Middle East. The contract concluded today comprises an order volume in the low double-digit million euro range. SMT Scharf will provide a total of six transport systems for rail-bound material and passenger transport for the construction of two approximately 4,350 meter long tunnels. The deliveries are to be made successively in 2025 and are expected to impact revenue and earnings in the coming year. With this major order, SMT Scharf is successfully driving forward the implementation of its corporate strategy, which envisages a transformation of the business into areas outside coal mining, including tunnel logistics.

Contact Investor Relations
cometis AG
Thorben Burbach
Phone: +49 (0) 611 - 205855-23
Fax: +49 (0) 611 - 205855-66
  -End of the ad-hoc announcement-

End of Inside Information

22-March-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: SMT Scharf AG
Römerstrasse 104
59075 Hamm
Phone: +49 2381 960-01
Fax: +49 2381 960-311
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID: 1865597

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1865597  22-March-2024 CET/CEST