Aebi Schmidt Holding AG filings document the public-company records of a Swiss specialty-vehicle manufacturer listed on Nasdaq under AEBI. Form 8-K reports cover operating results, financial-condition updates, Regulation FD disclosures, dividends, board and compensation matters, and material agreements tied to shareholder rights and director-nomination provisions.
The filing record also includes definitive proxy materials for annual general meeting votes on financial statements, dividend allocation, board discharge, director elections, and amendments to the Articles of Association. Acquisition-related 8-K/A materials provide historical financial statements and pro forma financial information for the completed acquisition of The Shyft Group, while governance filings disclose board structure, relationship-agreement terms, emerging growth company status, and exhibit-based financial reporting.
Aebi Schmidt Holding reported solid Q1 2026 results with growing demand and improved profitability while confirming its full-year 2026 outlook. Order intake rose 9% versus Q1 2025 and order backlog increased 23% to $1.3 billion, giving good visibility for 2026. Net sales were $456 million, roughly flat year over year but up 7% excluding prior-year Blue Arc sales. Adjusted EBITDA grew 6% to $33.1 million, a 7.3% margin, and net income improved to $0.7 million, up 7%. Europe and Rest of World delivered a record first quarter with adjusted EBITDA tripling to $6.8 million, while North America EBITDA declined 9% due to ramp-up costs for Walk-in-Vans. Management expects sequential revenue growth through 2026 and reiterated guidance for full-year sales of $1.95–$2.15 billion, adjusted EBITDA of $175–$195 million, and leverage at or below 2.0x by year-end, compared with current leverage of 2.88x and net debt of about $455 million.
Aebi Schmidt Holding AG reported sharply higher sales but lower profit for the quarter ended March 31, 2026. Revenue rose to $455.5 million, up 83% from $249.2 million, mainly from the Shyft acquisition, which contributed $186.3 million and helped North America segment sales more than double.
Despite this, net income fell to $0.7 million from $2.1 million as higher cost of products sold, increased selling and administrative expenses, greater interest expense, and higher amortization from acquired intangibles offset the revenue growth. Adjusted EBITDA increased to $33.1 million with a 7.27% margin, compared with $21.3 million and an 8.5% margin a year earlier.
Operating cash flow remained negative at $17.7 million, though this improved from a $26.6 million outflow, reflecting working-capital swings in inventories, receivables, and payables. The company ended the quarter with $115.9 million of cash and $628.9 million of total debt and stated it was in compliance with leverage covenants. Previously disclosed material weaknesses in internal control over financial reporting persisted, and management outlined an ongoing remediation plan focused on staffing, policies, and IT controls.
Aebi Schmidt Holding AG filed an 8-K describing an amendment to its Relationship Agreement with PCS Holding AG and Peter Spuhler. The amendment updates how many directors the PCS Parties may nominate based on their ownership of Aebi Schmidt common stock and permits the Chief Executive Officer to also serve as Chair of the Board.
If the Board has eight members, the PCS Parties may nominate three directors when they own at least 35% of outstanding common shares, two directors at ownership of at least 25% but less than 35%, two directors at least 15% but less than 25%, and one director at least 12.5% but less than 15%.
Aebi Schmidt Holding AG is asking shareholders to approve a broad set of items at its 2026 annual general meeting while highlighting first-year performance after acquiring The Shyft Group. The meeting will be held on May 21, 2026 in Glattpark, Switzerland, with March 25, 2026 as the record date.
For 2025, Aebi Schmidt reports order intake of $2.061 billion, order backlog of $1.212 billion as of December 31, 2025, net sales of $1.907 billion, net income of $2.7 million and Adjusted EBITDA of $156 million. Management targets at least $40 million of synergies from the Shyft acquisition and notes a net leverage ratio of 2.8x at year-end.
Shareholders will vote on approving 2025 financial statements, carrying forward retained earnings and authorizing an annual dividend of up to $0.10 per share funded through a dividend reserve. They are also asked to discharge the board and executives from 2025 liability, amend the Articles to shrink the board range to five–nine directors and adjust PCS Holding’s nomination rights, elect eight directors and confirm Barend Fruithof as combined Chair and CEO.
Additional proposals cover electing committee members, PricewaterhouseCoopers AG as statutory auditor and Anwaltskanzlei Keller AG as independent proxy. Shareholders will cast advisory votes on U.S.-style Say on Pay, the frequency of future Say on Pay (with the board favoring annual votes), the Swiss Statutory Compensation Report, and binding caps on total board compensation of up to $2.3 million and maximum executive compensation for 2027, along with approval of a new equity incentive plan and the Swiss statutory non-financial matters report.
Aebi Schmidt Holding AG seeks shareholder approval at its 2026 Annual General Meeting for board and governance changes, executive compensation items, auditor and proxy elections, and a proposed dividend program. The Board recommends reducing board size, electing Barend Fruithof as Chair (combining Chair and CEO roles), approving an aggregate USD $0.10 per share annual dividend (up to USD $10 million released to a Dividend Reserve), and ratifying maximum board compensation of $2.3M.
Operational highlights presented include $2.061B order intake (+22% vs. 2024), $1.907B net sales, $156M Adjusted EBITDA, expected acquisition synergies of $40M from The Shyft Group transaction, and 2.8x net leverage as of December 31, 2025.
Aebi Schmidt Holding AG President Jacob Owen Farmer reported a routine tax-related share disposition. On the vesting of previously granted restricted stock, 14,963 shares of Common Stock were withheld at $9.41 per share to cover tax withholding obligations rather than sold in the open market.
After this non-market transaction, Farmer continues to own 240,255 shares of Common Stock directly. The filing reflects standard handling of taxes on equity compensation, not a discretionary buy or sell decision.
Aebi Schmidt Holding reported strong fourth quarter and full-year 2025 results with record demand and higher profitability. Q4 2025 Order Intake rose 46% versus Q4 2024 and Order Backlog reached about $1.2 billion, supporting expected growth in 2026.
Q4 2025 Net Sales were $528 million, up 6%, and Q4 Adjusted EBITDA increased 31% to $48.1 million, for a 9.1% margin. Full-year 2025 Net Sales were $1,907 million, up 2%, and Adjusted EBITDA grew 13% to $156.0 million with an 8.2% margin.
Net Debt fell 7% during Q4 to $437 million, bringing leverage down to 2.8x. For 2026, the company guides to Net Sales of $1.95–$2.15 billion, Adjusted EBITDA of $175–$195 million, and leverage at or below 2.0x by year-end.
Aebi Schmidt Holding AG, a Swiss specialty vehicle manufacturer, files its annual report outlining a larger, more global business after acquiring The Shyft Group on July 1, 2025. Shyft contributed about $378 million of North American sales from the acquisition date through year-end.
The company now employs roughly 5,700 people and operates in 17 countries across airport & chassis, commercial trucks, goods transport, municipal and agriculture lines. Management highlights seasonality tied to winter equipment, strong international exposure, and a broad dealer and service network.
The report emphasizes numerous risks, including tariffs and trade policy shifts, supply-chain dependence on key components, volatile commodity and fuel costs, EV and software complexity, foreign currency swings, climate-affected demand for winter products, significant indebtedness, and previously identified material weaknesses in internal control over financial reporting.
Aebi Schmidt Holding reported strong preliminary, unaudited results for Q4 and full-year 2025 and outlined its 2026 outlook and board succession plans. Q4 2025 order intake rose 46% vs Q4 2024, and order backlog increased 7% since September 2025 to $1.212 billion, a multi-year record that management expects to convert largely into revenue within 15 months.
Q4 2025 net sales were $528 million, up from $500 million a year earlier, with Europe/Rest of World sales up 25% and North America down 2%. Full-year 2025 net sales reached $1.907 billion, and adjusted EBITDA is expected to be slightly above the midpoint of prior guidance of $145 million to $165 million.
For 2026, the company guides to net sales of $1.95 billion to $2.15 billion, adjusted EBITDA of $175 million to $195 million, and leverage below 2.0x by year-end, assuming continued recovery in walk-in-van demand and merger synergies. On governance, CEO Barend Fruithof will be nominated as chairman at the 2026 AGM, while current chair Jim Sharman, Peter Spuhler, and Paul Mascarenas will not stand for re-election, and the board is expected to shrink from eleven to eight members, with Spuhler to be named honorary chairman.