The equipment provider for the electronics and photovoltaics sectors now anticipates full-year order intakes between 125 million and 150 million euros, surpassing its previous forecast of 114 million euros. Despite this growth, the company maintained its revenue expectations above 100 million euros, paired with an Ebitda margin target exceeding 12%.
In section Market Quotes
Schmid Group Stocks Rally Following Raised Order Guidance
Investors pushed Schmid Group shares 5.1% higher to $4.75 in after-hours trading Tuesday, reacting to an upward revision in the company's full-year order intake projections. The jump arrives as a welcome shift for shareholders, following a 27% decline in the stock's value since the start of the year.
While the annual outlook remains optimistic, the company signaled a rocky path to that year-end figure. Management confirmed that the Ebitda margin for the first half of the year will land significantly below the 12% threshold, though they maintain this remains consistent with their broader annual goals. Recent performance data shows second-quarter order intake hit 30.7 million euros against 27.7 million euros in revenue.
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