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

EQS-Ad-hoc: SMT Scharf AG / Key word(s): Incoming Orders
SMT Scharf AG receives major order for tunnel project in the Middle East

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.

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

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
Email: burbach@cometis.de

-End of the ad-hoc announcement-


End of Inside Information

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   Language:       English
   Company:        SMT Scharf AG
                   Römerstrasse 104
                   59075 Hamm
                   Germany
   Phone:          +49 2381 960-01
   Fax:            +49 2381 960-311
   E-mail:         info@smtscharf.com
   Internet:       www.smtscharf.com
   ISIN:           DE000A3DRAE2
   WKN:            A3DRAE
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt, Hamburg, Hanover, Munich (m:access),
                   Stuttgart, Tradegate Exchange
   EQS News ID:    1865597

End of Announcement EQS News Service
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1865597 22-March-2024 CET/CEST