.
- Core business revenue down 12 % to EUR 31.9 million.
- EBIT declines by 12 % to EUR 6.1 million
- Lower order book position at EUR 18.3 million, new order intake up by 18 %
- Consolidated net income down 49 % to EUR 3.0 million
SMT Scharf AG (WKN 575198, ISIN DE0005751986), the technology and world market leader for captivated railway systems for underground mines, has been markedly impacted by the mining sector's weakness in the first half of 2013. Revenue in the core business (excluding Dosco) fell from EUR 36.3 million to EUR 31.9 million. This is attributable to
- Core business revenue down 12 % to EUR 31.9 million.
- EBIT declines by 12 % to EUR 6.1 million
- Lower order book position at EUR 18.3 million, new order intake up by 18 %
- Consolidated net income down 49 % to EUR 3.0 million
SMT Scharf AG (WKN 575198, ISIN DE0005751986), the technology and world market leader for captivated railway systems for underground mines, has been markedly impacted by the mining sector's weakness in the first half of 2013. Revenue in the core business (excluding Dosco) fell from EUR 36.3 million to EUR 31.9 million. This is attributable to
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