SMT Scharf AG Adjusts FY 2026 Forecast and Reports Preliminary 9M 2026 Results
SMT Scharf AG reported preliminary revenue of EUR 51.5 million for the first nine months of 2026, down from EUR 70.9 million a year earlier, with EBIT of EUR 0.0 million. Lower investment in coal mining and tunnel logistics, plus the unexpected termination of a Middle East tunnel project, contributed to results and EUR 0.6 million in non-recurring charges. The company cut its 2026 revenue forecast to EUR 75–85 million from EUR 95–115 million and now expects EBIT of EUR -0.5 million to EUR -1.5 million, versus its previous EUR 1–2 million forecast. SMT Scharf said it will continue expanding its electromobility portfolio and intensifying international sales.
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