Business UpdateOct 21, 2026, 07:01 AM
SCHMID Group Increases Order Intake Guidance to >€150M; Reports Q3 Update
AI Summary
SCHMID Group N.V. provided a third quarter 2026 business update, reporting a significant increase in order intake and backlog. The company more than doubled its order intake in Q3 to €67.8 million and raised its full-year order intake guidance to over €150 million. Additionally, SCHMID announced a new equipment order valued at over €25 million for a High-Density Interconnect (HDI) manufacturing capacity expansion in Malaysia, reinforcing its position in the advanced electronics sector. Preliminary Q3 revenues were €24.0 million.
Key Highlights
- SCHMID Group N.V. reported Q3 2026 order intake of €67.8 million, more than doubling from Q2 2026 (€30.7 million).
- Cumulative order intake for the first nine months of 2026 reached €111.7 million.
- Order backlog increased to €96.8 million as of September 30, 2026, up from €54.8 million on June 30, 2026.
- SCHMID Group N.V. increased its full-year 2026 order intake guidance to more than €150 million.
- The company reached an agreement for an equipment order exceeding €25 million to support HDI capacity expansion in Malaysia.
- Preliminary revenues for Q3 2026 were €24.0 million, with nine-month revenues at €70.0 million.
Price Impact
More from SHMD