HBT GmbH - Your Single-Source Provider for Longwall Mining Solutions
HBT GmbH - Your Single-Source Provider for Longwall Mining Solutions
Seetech GmbH - Filter für alle Flüssigkeiten und alle Branchen
HBT GmbH - Your Single-Source Provider for Longwall Mining Solutions
Seetech GmbH - Filter für alle Flüssigkeiten und alle Branchen
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News - Mining, Tunnelling, Geotechnics, Energy

20.05.2019 (3052 Clicks)

Fugro supports two Ocean Mapping Initiatives with large Crowd sourced bathymetry Contribution

Fugro recently contributed more than 110,000 square kilometres of high-resolution bathymetry data in the North Atlantic Ocean to help improve the quality and coverage of seabed mapping in the region.

 

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18.05.2019 (3142 Clicks)

SMT Scharf continues on Growth Trend in Q1 2019


  • Group revenue registers significant increase to EUR 14.9 million
  • Operating profit (EBIT) rises to EUR 1.6 million
  • Acquisition of ser elektronik expands SMT Scharf's own competency portfolio
  • Positive outlook for 2019 confirmed

  • SMT Scharf AG, one of the world's leading suppliers of customised transport solutions and logistics systems for underground mining, significantly increased its consolidated revenue by 31.0 % to EUR 14.9 million in the first quarter of 2019 (Q1/2018 EUR 11.4 million). At the same time, SMT Scharf lifted its profit from operating activities (EBIT) to EUR 1.6 million (Q1/2018: EUR 0.6 million). This significant operating profit growth is firstly attributable to the expansion of the market position. SMT Scharf increased its profitable service business, which made a disproportionately large contribution to total revenue with growth of 37.0 %. In addition, further efficiency enhancements and currency gains led to higher profitability in the reporting period. SMT Scharf improved its Group net income for the year by EUR 1.0 million year-on-year to EUR 1.6 million (Q1/2018: EUR 0.6 million).

    The CEO of SMT Scharf AG, Hans Joachim Theiss, is satisfied with the business trend in the first quarter of 2019: 'We have made good start to the 2019 fiscal year, achieving significant year-on-year revenue growth in business with both new systems and service. In light of the continuing stable economic situation in the mining industry, we are consistently leveraging the opportunities on offer in our target markets – which has enabled us to continue on our strong revenue growth trend.'

    The robust market environment is reflected in mine operators making more investments in new systems. The strongest market in terms of revenue was China with EUR 6.6 million (Q1 / 2018 EUR 2.7 million), where mine operators continue to invest in innovative transport logistics following the completed consolidation in the market. At EUR 2.9 million, revenue in the important foreign market of Russia was at the previous year's level. In addition, SMT Scharf generated revenue of EUR 1.5 million in America through its RDH subsidiary, which it acquired in 2018.

    In the first months of 2019, the SMT Scharf Group's new order intake amounted to EUR 14.5 million (Q1 / 2018: EUR 17.1 million). As of March 31, 2019, the order book stood at EUR 19.4 million, reflecting a year-on-year reduction of 7.6 %.

    'We have a good order book position and expect the investment climate for mine operators to remain positive during the further course of the year. At the start of the year, we further improved our basis to develop innovative solutions that enable mining companies to modernise their mines. We successfully completed our investment in our long-standing partner ser elektronik and added valuable expertise in the electronics and controls area to our portfolio. In the era of Mining 4.0, we are thereby strengthening our know-how in the important areas of automation and data management,' notes Theiss.

    SMT Scharf acquired 51 percent of the shares in ser elektronik GmbH in April and also secured the option to acquire further shares in the company as part of succession regulation at ser elektronik. ser elektronik develops customer-specific electronic controls and components. The systems, which are integrated into SMT Scharf's transport solutions for both coal and non-coal mining, are manufactured in-house.

    With a look to the 2019 fiscal year, the Managing Board of SMT Scharf AG continues to anticipate consolidated revenue in a range between EUR 72 million and EUR 75 million and EBIT in a range between EUR 5.5 million and EUR 6.0 million.

    Source: SMT Scharf AG



    SMT, Scharf, Germany, Result, Growth, 2019, Market, transport, logistic, mining, Theiß, outlook, acquistion, RDH, ser

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    18.05.2019 (3205 Clicks)

    bauma 2019: Successful Home Match for Rema Tip Top

    Rema Tip Top draws a positive conclusion | Strong interest among visitors in trade fair and in-house exhibition | Megatrend digitalisation | “Industrial Solutions“ along the entire value chain

     

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    14.05.2019 (2825 Clicks)

    SNC-Lavalin awarded Engineering Design Sub-contract for Scarborough Floating Production Unit in Australia

    SNC-Lavalin (TSX:SNC) announced that it has signed two sub-contracts to support the development of the floating production unit on the proposed Scarborough gas field development project in Western Australia.

     

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    14.05.2019 (3053 Clicks)

    ICE President visited North East Project Woodsmith Mine in the United Kingdom

    Andrew Wyllie visited a polyhalite mine as part of his tour of the region. ICE President Andrew Wyllie has described the Sirius Minerals polyhalite mine as a “fantastic example of UK engineering at its best”.

     

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    14.05.2019 (3294 Clicks)

    Salini Impregilo to build high-speed “Orient Express” Railway in Turkey

    Salini Impregilo has won a €530-million contract to build a 153-kilometre section of a new “Orient Express” high-speed railway in Turkey between Istanbul and the border with Bulgaria.

     

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    14.05.2019 (2627 Clicks)

    QRC welcomes Gold Mine Expansion in North Queensland

    The Queensland Resources Council has welcomed the State Government's decision to grant Resolute Mining nine new mining leases as part of a $150 million project to extend the life of its Ravenswood gold mine operations in north Queensland.

     

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    11.05.2019 (2990 Clicks)

    Thyssenkrupp announces fundamental strategic Realignment

  • Thyssenkrupp and Tata Steel expect European Commission to block planned steel joint venture
  • Executive Board proposes fundamental strategic realignment to Supervisory Board with IPO of elevator business instead of separation
  • antitrust proceedings expected to end
  • earnings forecast adjusted
  •  

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    10.05.2019 (3299 Clicks)

    A14 Project Team begins Testing self-driving Trucks for first Time in England

    Highways England has revealed that self-driving trucks are being tested on the UK’s biggest road upgrade, the A14 improvement scheme between Cambridge and Huntingdon, which is being delivered by a joint venture comprising Costain, Balfour Beatty and Skanska.

     

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    09.05.2019 (3488 Clicks)

    Hochtief-AGM: Strong Profit and Dividend

  • Strong profit and dividend growth
  • solid outlook enhanced by strategic Abertis investment
  •  

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    Tensar International GmbH - interax, Geogitter, Ingenieurleistungen, bewehrte Erde, Tragschicht, Stabilisierung, MSL, Tiefbau, Schüttmaterial, Geokunststoff, Geobaustoff

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