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SCHMID Group N.V. Provides Second Quarter 2026 Business Update and Full Year 2026 Order Guidance Update
FREUDENSTADT, Germany, July 14, 2026 (GLOBE NEWSWIRE) -- SCHMID Group N.V. (NASDAQ: SHMD) (the “Company” or "SCHMID"), a global leader in providing solutions for the electronics industry, today provided the following operational update following the completion of the second quarter of 2026. Operational Update for the second quarter ended June 30, 2026 In the second quarter of 2026, the Company recorded order intake of €30.7 million and reported revenues of €27.7 million. Including the repeat ord
About this update from Schmid Group N.v.
FREUDENSTADT, Germany, July 14, 2026 (GLOBE NEWSWIRE) -- SCHMID Group N.V. (NASDAQ: SHMD) (the " Company " or " SCHMID "), a global leader in providing solutions for the electronics industry, today provided the following operational update following the completion of the second quarter of 2026. Operational Update for the second quarter ended June 30, 2026 In the second quarter of 2026, the Company recorded order intake of €30.7 million and reported revenues of €27.7 million. Including the repeat order exceeding €37 million announced on July 7, 2026, cumulative order intake since the beginning of the year amounts to €81.6 million. The order backlog stood at €54.8 million at the end of the quarter. Order intake and order backlog figures relate exclusively to orders for equipment and do not include orders associated with services or spare parts. Consistent with management's expectations, given the revenue profile for the first half of the year, EBITDA margin in H1 is expected to be significantly lower than the EBITDA margin of 12% consistent with full-year 2026 guidance. For the full-year 2026 management maintains the guidance of more than €100 million revenues and EBITDA margin of more than 12%. In light of the sustained improvement in order momentum and enhanced business visibility, management has decided to increase its full-year 2026 order intake guidance from approximately €114 million to a range of €125 to €150 million. The financial information presented in this press release for the second quarter of 2026 and for guidance for the full-year 2026 is preliminary and unaudited. Actual results may differ from the preliminary estimates presented herein. The Company expects to report its final second-quarter and half-year financial results with the publication of its interim financial statements on or before August 25, 2026. Order intake and order backlog are operational metrics used by management to evaluate the Company's business activity and visibility of future revenue. These metrics are not measures defined under International Financial Reporting Standards ("IFRS") and may not be comparable to similarly titled measures used by other companies. Adjusted EBITDA is a non-IFRS financial measure. The Company defines Adjusted EBITDA as earnings before interest, taxes, depreciation and amortization, adjusted to exclude certain non-recurring or non-operational items. Because Adjusted EBITDA excludes items that may be included in the most directly comparable IFRS measure, investors should not consider Adjusted EBITDA in isolation or as a substitute for measures prepared in accordance with IFRS. The Company is unable to provide a reconciliation of forward-looking Adjusted EBITDA guidance to the most directly comparable IFRS financial measure without unreasonable effort because certain items that impact such measures are uncertain, out of the Company's control and cannot be reasonably predicted.