SMT Scharf AG Revises 2026 Forecast Amid Market Challenges

SMT Scharf AG has revised its financial forecast for 2026, forecasting consolidated revenue between EUR 75 million and EUR 85 million, a decrease from the previous estimate of EUR 95 million to EUR 115 million. Operating earnings (EBIT) are now anticipated to range from EUR -0.5 million to EUR -1.5 million, diverging significantly from the prior forecast of EUR 1 million to EUR 2 million. In the first nine months of 2026, consolidated revenue stood at EUR 51.5 million, down from EUR 70.9 million in the same period of the previous year.

This shift is attributed to reduced investment activity in key markets for coal mining and tunnel logistics, alongside the unexpected termination of a tunnel project in the Middle East, which incurred non-recurring costs of EUR 0.6 million. Despite short-term setbacks, CEO Longjiao Wang remains optimistic about long-term growth, emphasizing ongoing strategic initiatives and international partnerships.