SCHMID Group cuts profit margin outlook, keeps revenue target above €100M

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SCHMID Group N.V. reports H1 2026 Financial Results and Updates Full-Year 2026 Guidance

August 25, 2026 6:33 AM EDT

FREUDENSTADT, Germany, Aug. 25, 2026 (GLOBE NEWSWIRE) -- SCHMID Group N.V. (NASDAQ: SHMD) (the Company or SCHMID), a global leader in advanced manufacturing solutions for the electronics and semiconductor industries, reports its unaudited financial results for the first half of 2026, covering the period ended June 30, 2026, and adjusts its full-year 2026 guidance.

Arthur Schuetz, Chief Financial Officer: In the first six months of this year we have converted liabilities into equity, raised significant financing, brought our leverage to a more sustainable level, rebuilt working... More