SCHMID Group N.V. Class A Ordinary SharesLowers EBITDA margin guidance to 6-9% from above 12%

SCHMID Group N.V. reduced its full-year adjusted EBITDA margin guidance to 6% to 9% from above 12% while maintaining revenue guidance of at least EUR 100 million. The company raised EUR 33 million through convertible and standby equity facilities and cut debt by EUR 31 million via a debt-to-equity swap, bringing total debt to about EUR 23 million. Year-to-date order intake reached EUR 96.6 million, with management expecting the upper half of its EUR 125 million to EUR 150 million target. SCHMID also expects roughly EUR 4 million in annual labor savings from its Sprint restructuring program and plans an EUR 11 million China campus investment that could double local production capacity by late 2027.
SCHMID Group N.V. Class A Ordinary SharesLowers EBITDA margin guidance to 6-9% from above 12%