EANS-News: SMT Scharf AG publishes final figures for 2009

- Revenue up 7% to EUR 53.3 million

- EBIT margin of 14.2%

- Proposed dividend of EUR 0.70 per share

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annual report

Subtitle: - Revenue up 7% to EUR 53.3 million
- EBIT margin of 14.2%
- Proposed dividend of EUR 0.70 per share

Hamm (euro adhoc) - March 5, 2010 - SMT Scharf AG (German Securities
Code (WKN) 575198, ISIN DE0005751986), technology and world market
leader for rail-bound railway systems for the mining sector, today
publishes its group financial report for fiscal year 2009. The SMT
Scharf Group´s revenue increased by 7% from EUR 49.7 million in 2008
to a current total of EUR 53.3 million. Revenue in markets outside of
Germany grew by 19% to EUR 44.5 million, which means that foreign
activities now account for 84% of total revenue (previous year: 75%).
In contrast, revenue in Germany continued to fall, as expected.

At the same time, the SMT Scharf Group increased its EBIT slightly to
EUR 7.6 million (previous year: EUR 7.5 million). This corresponds to
a current EBIT margin of 14.2% (previous year: 15.1%). The shares of
both cost of materials and other operating expenses only changed
slightly while the personnel expenses ratio fell from 24% to 21%.
EBIT includes non-cash one-off expenses of EUR 0.8 million in
connection with the deconsolidation of SMT Scharf Saar GmbH after
this company filed for insolvency in October 2009. As a result of a
higher tax rate, consolidated net earnings fell slightly from EUR 5.3
million to EUR 5.1 million.

At the end of 2009 the order book totaled EUR 8.4 million, with 91%
of this figure stemming from countries other than Germany. The
previous year´s figure of EUR 26.2 million was exceptionally high
because some mine operators issued orders in 2008 for which the
machines were to be supplied in several stages. In addition, there
also were unscheduled delays in orders from Russia at the end of
2008.

"We are pleased that we have been able to more than compensate for
lower demand due to the international economic crisis and due to
Germany´s decline with growth in other countries in 2009," comments
Dr. Friedrich Trautwein, SMT Scharf AG´s CEO, on the figures. "Once
again, the share of revenue from abroad increased. That shows that
our strategy of expansion is working and that it already has
generated additional international growth potential for us. This is
the reason why we are confident that we will be able to further
increase our revenues and earnings on average over the coming years."

The Managing and Supervisory Boards are proposing to the General
Meeting for fiscal year 2009 to distribute a dividend of EUR 0.70 per
share. This corresponds to a distribution rate of 54%. Based on the
closing price of SMT Scharf´s shares on March 4, 2010, the dividend
return is 6.3%.

The full group financial report for 2009 will be available for
download during the course of the day at www.smtscharf.com in the
Investor Relations section.

Company profile

The SMT Scharf group develops, builds and maintains rail-bound
railway systems for mining and use in tunnels. The trains are used
all over the world, primarily in hard coal mines, in gold mines and
underground mining for platinum, diamonds, copper and nickel. They
are used to transport material and personnel with working loads of up
to 35 tons. Rail-bound railways are the only means of underground
transport that can be used on branching lines to cope with inclines
of more than 13 degrees. The SMT Scharf Group has its own companies
in Germany, Poland, South Africa, China and Russia and additional
dealerships. The railways that SMT Scharf develops are characterized
in particular by their high-performance engines, great transport
performance and low operating and maintenance costs. SMT Scharf
records more than 80% of its revenue in high-growth foreign markets,
such as Russia, China and South Africa. Business with replacement
parts and repairs accounts for around 40% of revenue. As a result of
the continuing depletion of deposits and due to increasingly
difficult conditions, high-tech transport solutions are needed for
mining operations. The entire market for underground transport
technology comprises EUR 5 billion to EUR 7 billion per year
according to the company´s estimates. SMT Scharf AG has been listed
in the Prime Standard (Regulated Market) of the Frankfurt Stock
Exchange) since April 11, 2007.

end of announcement euro adhoc
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ots Originaltext: SMT Scharf AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Investor Relations

cometis AG

Susanne Gremmler

Tel: +49(0)611 - 205855-23

Fax: +49(0)611 - 205855-66

e-mail: gremmler@cometis.de

Branche: Machine Manufacturing
ISIN: DE0005751986
WKN: 575198
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
München / free trade