EQS-News: SMT Scharf AG publishes preliminary H1 2023 results
Hamm, 09 August, 2023 – SMT Scharf AG (WKN A3DRAE; ISIN DE000A3DRAE2), a leading global provider of customised transport solutions and logistics systems for underground mining, generated consolidated revenue of EUR 31.7 million during the first six months of the 2023 fiscal year on the basis of preliminary figures (H1 / 2022: EUR 37.5 million).
- Hamm, 09 August, 2023 – SMT Scharf AG (WKN A3DRAE; ISIN DE000A3DRAE2), a leading global provider of customised transport solutions and logistics systems for underground mining, generated consolidated revenue of EUR 31.7 million during the first six months of the 2023 fiscal year on the basis of preliminary figures (H1 / 2022: EUR 37.5 million).
- On the basis of the preliminary results for the first half of 2023, the Managing Board now expects consolidated revenue of EUR 73 million and negative EBIT of EUR -3.3 million for 2023.
- Hans Joachim Theiss, CEO of SMT Scharf AG, comments: “SMT Scharf continued to be confronted with challenging market conditions in underground mining in the first half of 2023.
- SMT Scharf generates a large share of its revenue in growing foreign markets such as China, Russia, Poland and South Africa.