EANS-News: SMT Scharf AG receives important order in Russia
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Company Information
Hamm (euro adhoc) - June 19, 2012 - SMT Scharf AG (WKN 575198, ISIN
DE0005751986), technology and world market leader for rail-bound railway systems
for underground mines, has received an order in Russia for monorail hanging
railways. The order comprises the delivery of two train sets, each of which
consists of one DZ1800 diesel cat and three heavy-load lifting beams. The order
is worth more than EUR 1 million in total. The train sets are to be delivered
and invoiced in the third quarter of 2012.
Christian Dreyer, CEO of SMT Scharf AG, explains the special aspect of this
order as follows: "The customer, one of Russia's largest mining groups, has
focused on one of our competitor's products to date. We are now involved in one
of its mines for the first time due to having intensively marketed to this
customer over several years. This gives us the opportunity to persuade the
customer of the advantages of SMT Scharf AG's quality products, and to thereby
win follow-up orders in the future."
Company profile
The SMT Scharf group develops, builds and maintains transportation equipment for
underground mining and tunneling. The main products are rail-bound railways
which are used all over the world, primarily in hard coal mines and underground
mines for gold, platinum and other metals. They are used to transport material
and personnel with working loads of up to 45 tons on inclines with gradients of
up to 35 degrees. SMT Scharf's other key products are roadheaders, equipment for
tunnel support and chairlifts. The SMT Scharf Group has subsidiaries in eight
countries as well as additional dealerships worldwide. SMT Scharf records more
than 80% of its revenue in growing foreign markets, such as Russia, China and
South Africa. Business with spare parts and repairs accounts for around 40% of
revenue. The entire market for underground transport technology comprises EUR 5
billion to EUR 7 billion per year according to the company's estimates. SMT
Scharf AG has been listed in the Prime Standard (Regulated Market) of the
Frankfurt Stock Exchange since April 11, 2007.
Further inquiry note:
Investor Relations
cometis AG
Henryk Deter / Patrick Ortner
Tel: +49(0)611 - 205855-16
Fax: +49(0)611 - 205855-66
e-mail: ortner@cometis.de
end of announcement euro adhoc
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company: SMT Scharf AG
Römerstr. 104
D-59075 Hamm
phone: +49(0)2381-960212
FAX: +49(0)2381-960311
mail: ir@smtscharf.com
WWW: http://www.smtscharf.com
sector: Machine Manufacturing
ISIN: DE0005751986
indexes: CDAX, Classic All Share, Prime All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt
language: English