SCHMID Group N.V. Provides Second Quarter 2026 Business Update and Full Year 2026 Order Guidance Update
Rhea-AI Summary
SCHMID Group (NASDAQ: SHMD) reported preliminary operational figures for the second quarter ended June 30, 2026, with order intake of €30.7 million, revenues of €27.7 million and an order backlog of €54.8 million, all relating to equipment only. Including a repeat order exceeding €37 million announced on July 7, cumulative 2026 order intake reached €81.6 million.
Management maintained full‑year 2026 guidance of more than €100 million in revenues and an EBITDA margin of more than 12%, while noting that first‑half EBITDA margin is expected to be significantly below 12%. Order intake guidance for 2026 was raised from approximately €114 million to a range of €125–€150 million. SCHMID also closed a $20 million senior convertible notes issuance with an institutional investor to fund working capital for accelerated orders and growth capital for moving to an owned, higher‑capacity manufacturing plant in China. Final half‑year 2026 results are expected on or before August 25, 2026.
Positive
- 2026 order intake guidance raised from ~€114m to €125–€150m
- 2026 revenue guidance maintained at more than €100m with EBITDA margin above 12%
- 2026 year-to-date order intake €81.6m including repeat order exceeding €37m
- Order backlog €54.8m at Q2 2026 quarter-end, equipment only
- $20m senior convertible notes closed to fund working capital and China plant expansion
Negative
- H1 2026 EBITDA margin expected significantly below 12% full-year target level
- $20m convertible notes are convertible into ordinary shares, implying potential future dilution
News Explained
The July 14 update states that SCHMID issued
Market reaction after 2Q26 business and guidance update: SHMD -3.98% in the Jul 15 session
In the Jul 15 session, SHMD declined 3.98%, reflecting a moderate negative market reaction. Argus tracked a peak move of +16.3% during that session. Argus tracked a trough of -5.1% from its starting point during tracking. Our momentum scanner triggered 14 alerts that day, indicating notable trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 07 | Large repeat order | Positive | +5.7% | Repeat equipment order above €37 million from a leading Chinese customer. |
| Jul 07 | Convertible notes financing | Neutral | +5.7% | Private placement of $20 million senior convertible notes to fund growth initiatives. |
| Jun 16 | AI-driven orders | Positive | -0.6% | Over €26 million new orders since mid-May driven by AI infrastructure demand. |
| Jun 11 | Analyst research note | Positive | +14.4% | Edison report highlighting expected FY26 demand uplift and stronger balance sheet. |
| Jun 09 | China campus agreement | Neutral | -7.9% | Agreement for new Zhongshan manufacturing campus to nearly double China capacity. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent SCHMID headlines tied to growth orders or research have more often coincided with positive share reactions than negative ones.
Key Terms
ebitda financial
adjusted ebitda financial
international financial reporting standards financial
ifrs financial
convertible notes financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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
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
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.
Release of half-year results 2026
SCHMID will release half-year results on or before August 25, 2026, followed by an investor call at 9 a.m. Eastern time, 3 p.m. CET time. Details for the investor call will be published on SCHMID's investor relations website.
Closing of the new
The Company entered into an investment agreement with an institutional investor (the "Investor") on July 7, 2026 pursuant in relation to the issuance of senior convertible notes in an aggregate principal amount of
Forward-looking Statements
This press release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding the Company’s preliminary first and second quarters of 2026 results, financial outlook for fiscal year 2026, expected order intake and revenue growth, anticipated demand trends, and other statements that are not historical facts. These forward-looking statements can include statements regarding our expectations with respect to future performance and the anticipated timing of certain commercial or financing activities, expected timing and completion of the private placement and use of proceeds related thereto. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release. Additional risks and uncertainties that could affect our financial results are included under “Item 3. Key Information – 3.D. Risk Factors” in our annual report on Form 20-F filed with the SEC May 15, 2026, which is available on the SEC’s website at www.sec.gov. Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable law.
About The SCHMID Group
The SCHMID Group is a global leader in providing solutions mostly for the electronics industry, with its headquarters based in Freudenstadt, Germany. Founded in 1864, today it employs approximately 800 staff members worldwide, and has technology centers and manufacturing sites in multiple locations including Germany and China, in addition to several sales and service locations globally. The Group focuses on developing customized equipment and process solutions mostly for the electronic industry. Our system and process solutions for the manufacture of substrates, printed circuit boards and other electrical components ensure the highest technology levels, high yields with low production costs, maximized efficiency, quality, and sustainability in green production processes.
Learn more at www.schmid-group.com
Contact
