SMT Scharf 9M 2026 EBIT falls to break-even
Bitget2026/10/28 15:41Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- SMT Scharf’s preliminary operating earnings fell to breakeven in the first nine months of 2026 from EUR 2.4 million a year earlier.
- Revenue dropped 27% year over year to EUR 51.5 million, hurt by lower investment activity in coal mining and tunnel logistics.
- An unexpectedly terminated Middle East tunnel project triggered EUR 600,000 in non-recurring provision charges in the third quarter.
- FY26 revenue guidance was cut to EUR 75 million–EUR 85 million from EUR 95 million–EUR 115 million.
- Expected EBIT swung to a loss of EUR 500,000–EUR 1.5 million, replacing projected earnings of EUR 1 million–EUR 2 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SMT Scharf AG published the original content used to generate this news brief via EQS News (Ref. ID: adhoc_2423986_en) on October 28, 2026, and is solely responsible for the information contained therein.
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