Edition:
United States

SMT Scharf AG (S4AG.DE)

S4AG.DE on Xetra

14.05EUR
11:36am EDT
Change (% chg)

€0.15 (+1.08%)
Prev Close
€13.90
Open
€14.05
Day's High
€14.10
Day's Low
€14.05
Volume
3,001
Avg. Vol
3,031
52-wk High
€14.65
52-wk Low
€9.66

Latest Key Developments (Source: Significant Developments)

SMT Scharf FY net income up at 1.9 million euros
Wednesday, 8 Mar 2017 01:36am EST 

SMT Scharf AG : FY total operating revenue of 42.2 million euros (2015: 50.0 million euros) . FY revenue of 42.6 million euros was tangibly below previous year's level (2015: 50.3 million euros) . At bottom line, in FY SMT Scharf achieved a further year-on-year improvement in consolidated net income to 1.9 million euros (2015: 1.5 million euros) . New order intake since start of year amounted to 5.9 million euros as of March 1, 2017 (up to March 1, 2016: 6.7 million euros) .Anticipates consolidated revenue for 2017 of at least 40 million euros to 44 million euros and EBIT between 2.2 million euros and above 3.0 million euros.  Full Article

SMT Scharf: steps up its South American sales
Monday, 27 Feb 2017 01:30am EST 

SMT Scharf AG : With founding of a sales company in Chile, SMT Scharf AG is moving even closer to South American customers in non-coal mining segment. .Company's registration and launch will complete in March 2017.  Full Article

SMT Scharf FY 2016 revenue down at 42.0 million euros
Monday, 20 Feb 2017 01:30am EST 

SMT Scharf AG : With over 2.0 million euros ($2.12 million) of EBIT in 2016, SMT Scharf was at least 0.4 million euros, or at least 25.0 pct, above previous year's level of 1.6 million euros .We see forecast we issued in mid-2016 as being confirmed with 42.0 million euros of revenue achieved over full course of year.  Full Article

SMT Scharf acquires major order with follow-up potential
Wednesday, 14 Dec 2016 01:31am EST 

SMT Scharf AG : SMT Scharf acquires major order with follow-up potential outside the coal mining sector . Order with a significant volume comprises delivery of rail and cable management systems that are to be installed to supply energy and ventilation management for Sandvik's mining machinery .Sales potential for follow-up orders is estimated to be a multiple of first order, although it is not yet possible to provide precise timing of such orders.  Full Article

SMT Scharf takes over drive technology specialist
Thursday, 25 Aug 2016 07:47am EDT 

SMT Scharf AG : Takes over drive technology specialist . Has acquired 100 percent of shares in Nowilan Gesellschaft für Antriebstechnik mbH headquartered in Dinslaken . Parties have agreed not to disclose purchase price . Cash component of purchase price is being financed by SMT Scharf using cash and cash equivalents .In addition, seller is to receive treasury shares from SMT Scharf.  Full Article

SMT Scharf H1 revenue down at 19.1 million euros
Monday, 15 Aug 2016 01:30am EDT 

SMT Scharf AG : At 19.1 million euros ($21.32 million) during first half of 2016, consolidated revenue failed to reach previous year's level (H1/2015: 22.5 million euros) . EBIT rose to 1.5 million euros during first six months of 2016 (H1/2015: -0.4 million euros) . For FY still anticipates a decline in revenue and an EBIT improvement compared to previous year, with a now assumed sales revenue trend for second half of year that is similar to H1 2016 .H1 group net income improved to 1.6 million euros (H1/2015: -0.6 million euros).  Full Article

SMT Scharf Q1 revenue up at 11.4 million euros
Tuesday, 17 May 2016 01:30am EDT 

SMT Scharf AG : Consolidated revenue up to a level of 11.4 million euros ($12.90 million) during first three months of 2016 (Q1/2015: 9.5 million euros) . Order book position of SMT Scharf Group stood at 5.1 million euros as of March 31, 2016, down by about a half (-55.3 pct) compared with end of directly preceding quarter on December 31 . Continues to assume consolidated sales revenue of 45 million euros for full 2016 year . Continues to expect our EBIT margin to improve year-on-year to a level of 4.1 percent of total operating revenue .In Q1 a 23.0 pct reduction in EBIT to 1.5 million euros (Q1/2015: 1.9 million euros).  Full Article

SMT Scharf AG gives FY 2016 outlook
Tuesday, 8 Mar 2016 01:30am EST 

SMT Scharf AG:Remains conservative and again anticipates consolidated revenue of around 45 million euros for FY 2016​.Assumes a positive and in comparison to last year slightly higher EBIT margin of an amount of approx. 4.1 pct in FY 2016.  Full Article

SMT Scharf AG gets over 5 mln euro orders from core markets
Thursday, 14 Jan 2016 01:29am EST 

SMT Scharf AG:Receives major orders from core markets‍.Received three major orders at end of 2015 with total volume of more than 5 million euros ($5.4 million).Orders are to be realised over course of 2016​.Ordered products relate to monorail hanging railways and floor-mounted railways utilised by customers in underground hard coal mining sector​.  Full Article

SMT Scharf AG comments on FY 2015 outlook
Thursday, 23 Jul 2015 10:49am EDT 

SMT Scharf AG:Says additional requirement for impairment losses results in adjusted forecast for FY 2015.Compared with previous expectation of operating earnings lying between 2 million and 3 million euros, management now anticipates breakeven result for FY 2015.  Full Article

More From Around the Web