SMT Scharf AG new in the Prime Standard of the Frankfurt Stock Exchange

Release date: 24 Sep 2024

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Deutsche Börse Cash Market

As of today, SMT Scharf AG (ISIN: DE000A3DRAE2) is listed in the Prime Standard on the Frankfurt Stock Exchange, the segment with the highest transparency requirements. Previously, the shares were traded via the open market (quotation board) in Frankfurt.

To mark the listing of SMT Scharf AG, an opening bell ceremony was held in the morning with representatives of the company on the trading floor in Frankfurt. Following the segment change, the shares can still be traded via the trading venues Xetra and Börse Frankfurt. Specialist on the trading venue Börse Frankfurt is Baader Bank.

According to its own information, SMT Scharf AG is a manufacturer of transport and infrastructure equipment for underground mining and has high market shares in all target markets worldwide. In 2023, the company generated revenue of around EUR 73 million with around 400 employees.