EANS-Adhoc: SMT Scharf AG achieves significant increase in revenue and earnings in 2011, and proposes EUR 0.95 dividend
-------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 06.02.2012 Hamm, February 6, 2012 - SMT Scharf AG (German Securities Code [WKN] 575198, ISIN DE0005751986), technology and world market leader for rail-bound railway systems for the mining sector, reports a further significant increase in revenue and earnings in fiscal year 2011 on the basis of preliminary figures. Full-year revenue for the SMT Scharf Group was up by 23% to reach EUR 82.1 million, compared with EUR 66.7 million in the previous year. Markets outside Germany contributed 90% to revenue, with China once again featuring as the Group's most important market. Growth in operating profit (EBIT) for the SMT Scharf Group was even higher than revenue growth, increasing to EUR 14.5 million compared to EUR 11.1 million in the previous year. This corresponds to 31% growth, and a 17.6% EBIT margin (previous year: 16.6%). Consolidated net income stood at EUR 10.5 million according to preliminary figures, 31% ahead of the previous year's EUR 8.0 million. This implies EUR 2.56 earnings per share. The Managing and Supervisory Boards intend to propose that the Annual General Meeting resolves to distribute a EUR 0.95 dividend per share for the 2011 fiscal year, representing a 12% increase compared to the previous year (EUR 0.85 per share). The company plans to hold its AGM on April 25, 2012. The company will prospectively publish its final results on March 8, 2012, on its website www.smtscharf.com within the Investor Relations area. Issued by: SMT Scharf AG Römerstr. 104 59075 Hamm Tel.: +49(0)2381-960212 Fax: +49(0)2381-960311 Sector: Mechanical engineering ISIN: DE0005751986 German Securities Identification Number (WKN): 575198 Stock exchanges: Regulated Market/Prime Standard: Frankfurt, Regulated Unofficial Market: Berlin-Bremen, Düsseldorf, Hamburg, Munich, Stuttgart <End of ad hoc disclosure> 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 -------------------------------------------------------------------------------- issuer: 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
Original content of: SMT Scharf AG, transmitted by news aktuell