StockWatch
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Industrial Machinery/Components
Quarterly UpdatesJul 14, 2026, 04:33 PM

SCHMID Group Raises 2026 Order Intake Guidance; Closes $20M Notes

AI Summary

SCHMID Group provided a Q2 2026 operational update, reporting €30.7 million in order intake and €27.7 million in revenues. Due to improved order momentum, the company raised its full-year 2026 order intake guidance from approximately €114 million to a range of €125 to €150 million. Management maintains full-year revenue guidance of over €100 million and an EBITDA margin of over 12%. Additionally, SCHMID Group closed a $20 million senior convertible notes issuance to fund working capital and expansion for a new manufacturing plant in China.

Key Highlights

  • Q2 2026 order intake: €30.7 million.
  • Q2 2026 revenues: €27.7 million.
  • Cumulative order intake year-to-date: €81.6 million.
  • Order backlog at quarter-end: €54.8 million.
  • Full-year 2026 order intake guidance raised to €125-150 million.
  • Full-year 2026 revenue guidance maintained at over €100 million.
  • Full-year 2026 EBITDA margin guidance maintained at over 12%.
  • Closed $20 million senior convertible notes issuance.