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SCHMID Group lowers full-year adjusted EBITDA margin outlook to 6%-9%, previously above 12%
SCHMID Group (Nasdaq:SHMD) announced its first-half 2026 results and lowered its full-year adjusted EBITDA margin outlook. The company revised its margin forecast from previously above 12% to 6%-9%. Despite this, the company raised 33 million euros through debt-to-equity swaps and other means, reducing total debt from 53 million euros to approximately 23 million euros. Concurrently, order intake accelerated to 96.6 million euros in the first half, and the company plans to invest 11 million euros to expand its factory in China, expecting to double local production capacity by the end of 2027.
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