Aebi Schmidt Holding AG (AEBI) Q1 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to the Aebi Schmidt Group Fourth Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Simone Grancini, Investor Relations Director. Please go ahead. Thank you, Sharon. Good morning, and welcome to the Aebi Schmidt Fourth Quarter and Full Year twenty twenty five earnings call. I'm Simone Grancini, the company's Investor Relations Director. Joining me on the call today are Baron Pruitov, Group CEO, who will provide the fourth quarter and full year highlights, outlook and concluding remarks Stefan Schiwerda, CEO, North America and Henning Schroeder, CEO, Europe and Rest of World, who will detail the performance in the respective segments and Marco Portman, Group CFO, who will provide a financial overview. Before I turn the call over to Biren, I remind you that today's comments include forward looking statements subject to the Safe Harbor language contained in this morning's press release and in Aebi Schmidt's filings with the SEC. And with that, I hand the call over to Barend. Good morning, everyone. 2025 was a historical year for Aebi Schmidt, marked by the acquisition of the former Shift Group and our listing on NOSTOK. I'm extremely proud of our fourth quarter performance. As we see on page five, our order intake increased 46% in the fourth quarter versus 2024, and we ended 2025 with a record high order backlog. Our adjusted EBITDA increased 31% year over year for the fourth quarter, delivering a significantly higher adjusted EBITDA margin of 9.1% versus 7.4% in t...