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SMT Scharf AG
ISIN: DE0005751986
WKN: 575198
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SMT Scharf AG · ISIN: DE0005751986 · Newswire (adhoc)
Country: Deutschland · Primary market: Germany · EQS NID: 1323461
07 April 2022 20:26PM

SMT Scharf AG expects significant quarterly earnings growth


DGAP-Ad-hoc: SMT Scharf AG / Key word(s): Quarter Results
SMT Scharf AG expects significant quarterly earnings growth

07-Apr-2022 / 20:26 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


SMT Scharf AG expects significant quarterly earnings growth

Hamm, April 7, 2022 - SMT Scharf AG (German Securities Code (WKN): 575198; ISIN: DE0005751986) announces that it has learned today that it will be able to release provisions of around EUR 4 million. This will increase consolidated operating profit (EBIT) for the first quarter of 2022 by the same amount. These provisions had been formed in connection with potential services to be rendered to customers. It has now become apparent that these services are not to be rendered in full.

Given the Covid-19 pandemic and especially in relation to the further rise in volatility in connection with the Russia-Ukraine situation, the company had not issued quantitative revenue and earnings guidance for the 2022 fiscal year, despite a fundamentally positive business outlook.


Contact
Investor Relations
cometis AG
Thorben Burbach
Phone: +49 (0) 611 - 205855-23
Fax: +49 (0) 611 - 205855-66
Email: burbach@cometis.de

 


07-Apr-2022 CET/CEST 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
Germany
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: 1323461

 
End of Announcement DGAP News Service

1323461  07-Apr-2022 CET/CEST

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