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    S4A   DE0005751986


SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

PRESS RELEASE : SMT Scharf AG supplies tunnel logistics for green energy project Snowy Mountain 2.0

07/22/2021 | 04:17am EDT
DGAP-News: SMT Scharf AG / Key word(s): Miscellaneous 
SMT Scharf AG supplies tunnel logistics for green energy project Snowy Mountain 2.0 
2021-07-22 / 10:16 
The issuer is solely responsible for the content of this announcement. 
SMT Scharf AG supplies tunnel logistics for green energy project Snowy Mountain 2.0 
  . Supply of a specific monorail system for personnel and ambulance transportation in the tunnel 
  . EUR 2.3 million order volume agreed 
Hamm, July 22, 2021 - SMT Scharf AG (WKN 575198, ISIN DE0005751986), one of the world's leading suppliers of customised 
transport solutions and logistics systems for underground mining, has received a EUR 2.3 million order in its Tunnel 
Logistics segment for Australia's important state energy project Snowy Mountain 2.0. Accordingly, SMT Scharf will 
provide a specific transport solution for rail-bound passenger and ambulance transportation in the tunnel. 
Hans Joachim Theiss, CEO of SMT Scharf AG, comments: "Supporting the Snowy Mountain 2.0 project represents an 
outstanding success for us in tunnel logistics. We at SMT Scharf are continuously expanding our tunnel logistics 
business area for large-scale construction sites in order to form an additional pillar and further diversify our 
business. Thanks to our core competencies in underground logistics, we are also able to offer solutions tailored to 
tunnel requirements. For this reason, we are all the more pleased to be involved in this flagship green project in 
The Snowy Mountain 2.0 project entails the expansion of the so-called Snowy Mountains Hydroelectric Scheme. The 
hydroelectric plant was commissioned in 1974 and supplies electricity and drinking water to the Australian capital 
Canberra in New South Wales. As Australia's most significant green energy project, it is set to become the world's 
largest pumped storage power station once expanded. A further 27 kilometres of tunnels are to be built for this 
purpose. The construction project aims to create a generation capacity of 350 GWh or 175 hours of energy storage, in 
order to supply approximately 500,000 households during peak load. 
Company profile 
The SMT Scharf Group develops, manufactures and services transportation equipment for underground mining as well as for 
tunnel construction. Its main products include captivated railway systems that are deployed worldwide, primarily in 
hard coal mines, as well as in mines for gold, platinum and other metals. Such systems are required in order to 
transport material and personnel with payloads of up to 48 tonnes and on gradients of up to 30 degrees. SMT Scharf also 
supplies the mining sector with chairlifts. Since 2018, SMT Scharf's diverse portfolio has also included rubber-wheeled 
diesel and electric vehicles for mining and tunnelling, including load haul dumpers (LHDs), scissor lifts, and 
articulated dump trucks (ADTs). As part of the further diversification of the business, the product range has been 
successfully expanded since 2019 to include electronic components and control systems for mining and other industries. 
Overall, the SMT Scharf Group is active with subsidiaries in eight countries, as well as commercial agencies worldwide. 
SMT Scharf generates a large share of its revenue in growing foreign markets such as China, Russia, Poland and South 
Investor Relations 
cometis AG 
Thorben Burbach 
Phone: +49(0)611 - 205855-23 
Fax: +49(0)611 - 205855-66 
Email: burbach@cometis.de 
2021-07-22 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language:     English 
Company:      SMT Scharf AG 
              Römerstrasse 104 
              59075 Hamm 
Phone:        +49 2381 960-01 
Fax:          +49 2381 960-311 
E-mail:       info@smtscharf.com 
Internet:     www.smtscharf.com 
ISIN:         DE0005751986 
WKN:          575198 
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich (m:access), 
              Tradegate Exchange 
EQS News ID:  1220886 
End of News   DGAP News Service 

1220886 2021-07-22

Image link: 

(END) Dow Jones Newswires

July 22, 2021 04:16 ET (08:16 GMT)

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More news
Sales 2021 77,0 M 90,2 M 90,2 M
Net income 2021 4,32 M 5,07 M 5,07 M
Net Debt 2021 15,7 M 18,4 M 18,4 M
P/E ratio 2021 17,4x
Yield 2021 -
Capitalization 75,0 M 88,0 M 87,9 M
EV / Sales 2021 1,18x
EV / Sales 2022 1,07x
Nbr of Employees 427
Free-Float 98,3%
Duration : Period :
SMT Scharf AG Technical Analysis Chart | S4A | DE0005751986 | MarketScreener
Technical analysis trends SMT SCHARF AG
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 2
Last Close Price 13,70 €
Average target price 14,50 €
Spread / Average Target 5,84%
EPS Revisions
Managers and Directors
Hans Joachim Theiß Chairman-Management Board & CEO
Louis Velthuis Chairman-Supervisory Board
Wolfgang Embert Chief Operating Officer
Dirk Vorsteher Deputy Chairman-Supervisory Board
Dorothea Gattineau Member-Supervisory Board