Business UpdateJul 14, 2026, 04:07 PM
SCHMID Group N.V. Raises 2026 Order Guidance to €125-€150M; Secures $20M Notes
AI Summary
SCHMID Group N.V. provided a Q2 2026 business update, reporting €30.7 million in order intake and €27.7 million in revenues. The company raised its full-year 2026 order intake guidance to a range of €125 million to €150 million, up from approximately €114 million, citing improved order momentum and business visibility. SCHMID also announced the closing of a $20 million senior convertible notes issuance, with proceeds earmarked for working capital and expansion of its manufacturing plant in China.
Key Highlights
- Full-year 2026 order intake guidance raised to €125-€150 million from approximately €114 million.
- Q2 2026 order intake was €30.7 million and reported revenues were €27.7 million.
- Cumulative order intake since year-start reached €81.6 million, including a €37 million repeat order.
- Order backlog stood at €54.8 million at the end of Q2 2026.
- Maintains full-year 2026 revenue guidance of over €100 million and EBITDA margin over 12%.
- Closed issuance of $20 million senior convertible notes to an institutional investor.
- Net proceeds from notes will fund working capital and growth capital for China plant expansion.
Price Impact
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