SCHMID GROUP

SCHMID Group reports H1 2026 revenue of €46.0m and a strong Q2 rise to €27.8m; order intake stood at €96.6m through mid‑August. The plant business grew in H1 by 268% to €39.4m, but the adjusted EBITDA margin for 2026 was lowered from >12% to 6–9%. Despite a balance‑sheet cleanup with €33m of new borrowings and a €30.75m debt‑to‑equity swap, the company recorded an operating cash outflow of €29.3m. Investors focused on margin pressure and cash outflow, sending the share price sharply lower, while management expects a stronger second half and further growth potential from new China capacity. » Plus sur de.investing.com

SCHMID Group reports Q2 order intake of €30.7m and a cumulative €81.6m year-to-date, including a follow-on order of more than €37m. The company confirms its full-year guidance of over €100m in revenue and an EBITDA margin above 12% and raises its 2026 order intake forecast to €125–150m. To finance rising working capital needs and a capacity expansion in China, SCHMID closed a senior convertible bond of $20m with an institutional investor. Q2 figures are preliminary; final half-year results will be published by no later than 25 August. » Plus sur de.investing.com

SCHMID Group completed a private placement of senior convertible notes totaling $20.0 million with an institutional investor. The notes are issued at 99%, carry 5% p.a. interest payable quarterly in the form of payable-in-kind (PIK), and mature on January 14, 2029 unless converted earlier. The conversion price is the lower of $10.50 or 97% of the relevant VWAP, with a minimum conversion price of $1.93; obligations are guaranteed by the German subsidiary Gebr. Schmid GmbH. Net proceeds will be used for working capital and to expand an owned production facility in China; the share is trading at $4.72. » Plus sur de.investing.com