Recent Updates — SHMD
SCHMID Group N.V. reported unaudited H1 2026 revenues of €46.0 million, up from €16.9 million in H1 2025, driven by a surge in Chinese demand. The company recorded a gross profit of €9.8 million and an adjusted EBITDA loss of €0.6 million. Net income was €-47.8 million due to non-cash accounting effects from converting liabilities into equity. Order intake reached €96.6 million year-to-date, with backlog at €95.0 million as of August 21, 2026. The company confirmed full-year revenue guidance above €100 million but lowered adjusted EBITDA margin guidance to 6–9% from over 12%. It also raised full-year order intake expectations to the upper half of the €125–150 million range. SCHMID Group N.V. operates in the advanced manufacturing equipment industry, providing solutions for electronics and semiconductor applications.
SCHMID Group N.V. closed a $20.0 million senior convertible notes financing in a private placement on July 14, 2026. The company entered into an indenture, a registration rights agreement, and subordination agreements to facilitate the issuance and resale of the notes. SCHMID Group N.V. operates in the industrial manufacturing sector.
On July 7, 2026, SCHMID Group N.V. entered into an agreement to issue $20 million in senior convertible notes due January 14, 2029, with a 5% annual interest rate compounded quarterly. The notes are convertible at the lower of $10.50 or 97% of the VWAP, with a minimum conversion price of $1.93 per share. Proceeds will fund working capital and a new owned manufacturing plant in China. Additionally, the company secured a repeat order exceeding EUR 37 million for advanced mSAP production equipment for AI server boards and optical modules. Total order intake for the six months ended June 30, 2026, reached EUR 81.7 million. The company is reviewing an upward revision of its FY2026 order guidance, to be communicated around July 14, 2026. The company provides production equipment for the electronics industry.
SCHMID Group N.V. announced a combined order intake of over €26 million since mid-May 2026, driven by demand for InfinityLine Production Equipment for HDI-ML and mSAP applications in AI infrastructure and optical module supply chains. Orders were secured in China, Taiwan, South Korea, and Europe. The company operates in the advanced PCB and substrate manufacturing technology industry for high-performance electronics.
On June 9, 2026, SCHMID Group N.V. signed a preliminary letter of intent and investment framework agreement to establish a new manufacturing campus in the Banfu Industrial Zone, Zhongshan, China. The approximately €11 million project aims to consolidate two existing leased facilities into a single company-owned site, nearly doubling current manufacturing capacity. The investment supports an "In China for China" strategy to meet demand for advanced wet-process equipment used in AI server boards, IC substrates, and high-end HDI boards. Financing will primarily consist of local Chinese bank loans on partially subsidized terms. Operations are expected to commence around mid-2027. The company operates in the advanced electronic manufacturing equipment industry.