SCHMID Group N.V. upgraded its full-year 2026 order intake guidance from a range of €125 to €150 million to more than €150 million, citing strong third-quarter momentum. The company reported Q3 order intake of €67.8 million and preliminary revenues of €24.0 million, with the order backlog rising to €96.8 million as of September 30, 2026. Additionally, SCHMID announced an agreement for a new equipment order valued at more than €25 million from a key customer in Malaysia to support advanced High-Density Interconnect (HDI) manufacturing capacity expansion. The filing also noted that holders converted $4 million of principal in the company's 7.00% Senior Convertible Notes due 2028 into approximately 1.17 million ordinary shares during September, leaving $5 million outstanding. SCHMID Group N.V. is a global provider of advanced manufacturing equipment and process solutions for the electronics and semiconductor industries.
